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What is a critical factor in determining whether something gets produced as a public good-?
Marquishinesfb5310
A critical factor in determine whether something gets produced as a public good is if the benefits are are greater than the cost.
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What is critical in determining whether something is produced a public good?
It is critical in determining whether something is produced a public good if the benefit is greater than the cost.
What is a critical factor in determining whether something gets produced as a public good?
Whether the benefits to society are greater than the total cost determines if something is produced for the public good. or cost
Which of the following is a critical rule for determining whether something is a public good?
The total benefits to society are greater tham the total cost.
What is. Critical in determining wheat-er something is produced as a public good?
When determining whether something should be produced as a public good there are a few key criteria that must be taken into consideration: Costs of production Benefits of production Availability of substitutes Existence of external costs and benefits The incentives of those producing the good The incentives of those consuming the goodThe costs of production are important to consider because they determine the amount that could be charged to consumers and how much of the good can be produced. The benefits of production must also be taken into account because they show the overall value of the good to society. The existence of substitutes is important as this affects the degree to which the good is considered a public good. External costs and benefits are also important to consider as these can affect the incentives for both producers and consumers. Finally the incentives of producers and consumers must be taken into account to ensure that the good is produced in the most efficient way possible.
Cost is an important factor in determining whether a good or service is produced as a public good How does this factor relate to the individual and to society?
1. The benefit to each individual is less than the cost that each would have to pay if it were provided privately, and 2. the total benefits to society are greater than the total cost.
What is critical in determining whether something is produced a public good?
It is critical in determining whether something is produced a public good if the benefit is greater than the cost.
What is critical in determining something is produced as a public good?
whether or not the goods can be withheld or not from 1 individual consumer
What is a critical factor in determining whether something gets produced as a public good?
Whether the benefits to society are greater than the total cost determines if something is produced for the public good. or cost
What is a critical factor in determining whether something gets as a public good?
Whether the benefits to society are greater than the total cost determines if something is produced for the public good. or cost
What is critical determining whether something is produce as a public good?
whether or not the goods can be withheld or not from 1 individual consumer
What is critical in determine whether something is produced as a public good?
whether or not the goods can be withheld or not from 1 individual consumer
Which of the following is a critical rule for determining whether something is a public good?
The total benefits to society are greater tham the total cost.
What determined whether a company survived as a neckwear leader?
An ability to stay abreast of fashion and changes in design construction proved critical in determining whether a company survived as an industry leader.
What is. Critical in determining wheat-er something is produced as a public good?
When determining whether something should be produced as a public good there are a few key criteria that must be taken into consideration: Costs of production Benefits of production Availability of substitutes Existence of external costs and benefits The incentives of those producing the good The incentives of those consuming the goodThe costs of production are important to consider because they determine the amount that could be charged to consumers and how much of the good can be produced. The benefits of production must also be taken into account because they show the overall value of the good to society. The existence of substitutes is important as this affects the degree to which the good is considered a public good. External costs and benefits are also important to consider as these can affect the incentives for both producers and consumers. Finally the incentives of producers and consumers must be taken into account to ensure that the good is produced in the most efficient way possible.
What factors are considered in determining whether a particular act is subject to Respondeat Superior?
What factors are considered in determining whether a particular act is subject to Respondeat Superior?
What are the release dates for My House Is Worth What - 2006 Determining Whether to Do More?
My House Is Worth What - 2006 Determining Whether to Do More was released on: USA: 13 January 2009
What entities is responsible for determining whether an item to be supplied by a subcontractor is a commercial item?
Which of the following entities is responsible for determining whether an item to be supplied by a subcontractor is a commercial item
