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Why are private companies unlikely to provide public goods'?
The non-excludability of public goods makes it difficult to profit from them.
What is the basic economic problem that makes choices necessary?
The basicc economic problem that makes choices necessary is that there are limited economic resources & unlimited human wants.
A place that makes goods for trade is called a?
A factory.
What is the meaning of producers choices?
Someone who makes(produces) goods
Explain why some goods and services are provided by the public sector in your country?
Public sector is fully owned and controlled by the government.these are also known as cooperatives.various goods and services are the needs of public at the cheapest rates,so the government makes a strong hold over them e.g electricity is controlled and provided by the government because if there is a monopoly created by the private individuals,so they would charge the max price to maximize their profits.moreover health and education is complementary on every individual.so it is provided to them at the cheapest rates by the government.
Why are private companies unlikely to provide public goods'?
The non-excludability of public goods makes it difficult to profit from them.
Public goods are not typically produced by private companies because?
The non-excludability of public goods makes it difficult to profit from them.
What is the basic economic problem that makes choices necessary?
The basicc economic problem that makes choices necessary is that there are limited economic resources & unlimited human wants.
What makes allocation decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
Best explains what makes allocation decisions necessary?
There are never enough goods and services to satisfy wants and needs
What best explains what makes allocation decisions decisions necessary?
There are never enough goods and services to satisfy all wants and needs.
Why is it important to trade with china?
China makes many goods and items not available in the USA. It has a huge industry and economy which makes it necessary to trade in order to keep our economy at balance.
Why is the private sector unlikely to supply public goods in socially optimal quantities?
The non-excludability of public goods makes it difficult to profit from them.
Is there help to be able to eat in public?
my friend has this problem. she makes us eat outside, even in the dead of winter.
What two qualities does sugar add to baked goods?
Sugar makes your baked goods sweeter and helps to improve their shelf life. Sugar also makes baked goods retain their moister.
What Match the role with what each player in that role does.?
Producer provides goods , worker makes goods consumer uses goods
What is a person or company that makes goods?
Manufacturer
