Reference no: EM13106099 , Length: 1500 Words
Explain the term merit good and give examples of this.
Explain the term demerit goods and give examples of this.
What are externalities? What are positive and negative externalities? Give examples of Positive and negative externalities.
Give a brief introduction about your chosen merit good and explain the role of government in providing this merit good to the public. E.g direct provision, subsidies etc.
Discuss how the private sector can produce this good and the possible issues that may arise.
Discuss the positive externalities of your chosen merit good. Use economic theory to Illustrate how this externality may occur.
Discuss how there would be market failure if the free market were left to provide this merit good.
Evaluate the different ways by which the government may control this possible market failure. For example the use of direct provision by the government or subsidies/grants and government regulations.
Summarise why merit goods may produce positive externality and a possible market failure and why it is important for the government to intervene. Give a logical conclusion and opinion and recommend alternative method of government intervention in the provision of merit goods.
|
Discuss advantages and disadvantages of end user computing
: Discuss the advantages and disadvantages of end-user computing and determine if this is an application that should be progressively pursued. Explain your rationale.
|
|
What is the radius of the path taken by the particle
: At time t1 = 2.00 s, the acceleration of a particle in counterclockwise circular motion is (1.00 m/s2) i + (6.00 m/s2) j. It moves at constant speed. At time t2 = 4.00 s (3/4 of a revolution later), its acceleration is (6.00 m/s2) i + (-1.00 m/s2)..
|
|
Technology assessment analyze the basic technology
: Technology Assessment Analyze the basic technology underlying health care information systems and determine the most pressing need for innovation.
|
|
What is the speed of the rock just before it strikes ground
: A rock is thrown vertically upward with a speed of 17.0 m/s from the roof of a building that is 70.0 m above the ground. Assume free fall. A) In how many seconds after being thrown does the rock strike the ground? B) What is the speed of the rock ..
|
|
What are externalities
: What are externalities? What are positive and negative externalities? Give examples of Positive and negative externalities and give a brief introduction about your chosen merit good and explain the role of government in providing this merit good to..
|
|
Explain phobias-addictions associated to classical condition
: Create the 1,050- to 1,400-word paper in which you explain phobias and addictions as associated to classical and operant conditioning.
|
|
Simple minimizing process velocity
: Recently some Operations Management experts have begun insisting that simple minimizing process velocity, which actually means minimizing the time that it takes to process something through the system.
|
|
What must be the sign and magnitude of q
: A - 5.00 nC point charge is on the x axis at x = 1.20 m . A second point charge Q is on the x axis at -0.600m. a) What must be the sign and magnitude of Q for the resultant electric field at the origin to be 45.0N/C in the + x direction?
|
|
What is the melting point of this substance
: A platinum resistance thermometer has resistances of 190.0 when placed in a 0°C ice bath and 234.8 when immersed in a crucible containing a melting substance. What is the melting point of this substance?
|