Question
Consider the following items in the two tables and
choose the Correct Option. Table A Table B I- National Defence Public Good II- National Highways Private Good III- Government Administration Private Good IV- Clothes Public Good V- Movies Private GoodSolution
The benefits of public goods are available to all and are not only restricted to one particular consumer. For example, if a person eats a chocolate or wears a shirt, these will not be available to others. It is said that this person’s consumption stands in rival relationship to the consumption of others. However, if we consider a public park or measures to reduce air pollution, the benefits will be available to all. One person’s consumption of a good does not reduce the amount available for consumption for others and so several people can enjoy the benefits, that is, the consumption of many people is not ‘rivalrous’.
How is the geometric mean calculated for raw data?
Origin State of Miri breed of poultry is?
The disease involves rotting of roots, bronzing of leaves, poor growth at the reproductive phase and poor yield disease in rice is due to toxicity of
The assessment of nutrient supply capacity is called as soil
Plants absorb nickel in the form of:
Bitter pit is the physiological breakdown of cells under the skin, causing slight depressions generally concentrated at the calyx end of the fruit. Bitt...
Which of the following is matched correctly?Â
Glyoxysomes, a cell organelle where glyoxylate cycle occurs is present inÂ
Some plants exude water in liquid form through specialized openings calledÂ
Desmotubules are identified in which of the following organelles