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’.
Who forms the committee responsible for recommending the appointment of the State Chief Information Commissioner and the State Information Commissioners...
Whether the contents of documents or electronic records, can be proved by oral evidence?
Which one of the following is correct:
The case of R v. Dudley and stephen is related to the defence of :
Every suit shall be instituted by presentingÂ
Council of Ministers aid and advise the President who _______act in accordance with such advice.
What is the time limit for filing an appeal to the Supreme Court against an order of the National Green Tribunal (NGT)?
If a partner commits wrongful acts within course of business of the firm, who shall be liable?
What is the requirement for a person to acquire or hold more than five percent of the paid-up equity share capital of a depository, as mentioned in Reg...
Under which Section of Specific Relief Act 1963, the provision for partial cancellation of an instrument is made:Â
