Question

What power do you have as a consumer of public goods (roads, parks, transportation, education)? What...

What power do you have as a consumer of public goods (roads, parks,

transportation, education)? What can you do to assert your preference?

Homework Answers

Answer #1

the main and the foremost power of being a consumer of public good is the right of non excludability.therefore the consumer can't be denied for the usage of such goods and we can understand these concept with the following examples-

  • i can use the roads to walk and drive.
  • i can use the parks for morning or evening walk as per my convenience without the prior permission of anyone.
  • i can avail the benefit of transportation and education for my self.

the government and law are entitled to protect the interest of the consumer of the public good and to make my preference stronger i can use the reference of the law and provision provided by the law.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You are a consumer who consumes goods X (education) and goods Y (recreation), where the price...
You are a consumer who consumes goods X (education) and goods Y (recreation), where the price of good X is PX and the price of Y is Py. Your income that can be allocated to purchase these two items is M. Question a. What happens if the price of education rises? Describe the substitution effect and the income effect. b. Derive the demand curve for education.
Do you believe that there is currently enough public education on the topic of cardiovascular disease?...
Do you believe that there is currently enough public education on the topic of cardiovascular disease? In your lifetime, do you feel like you have been exposed to enough educational material to know what the risks are in your own life?
Suppose the demand curve for public transportation is downward sloping, and the income elasticity of demand...
Suppose the demand curve for public transportation is downward sloping, and the income elasticity of demand for public transportation is negative. i. Design an indifference curve-budget line diagram showing the substitution and income effects created when the price of public transportation falls. In your diagram, place public transportation on the horizontal axis and all other goods (prices) on the vertical axis. ii. How you can tell from your diagram that the income elasticity of demand for public transportation is negative?...
Over the past 20 years Consumer goods in the US have become more affordable partly due...
Over the past 20 years Consumer goods in the US have become more affordable partly due to efficiency in international transportation. Can you name and briefly explain a key transportation innovation that helped make this happen?
What are the two reasons to subsidize public transportation? Why might U.S. cities tend to have...
What are the two reasons to subsidize public transportation? Why might U.S. cities tend to have such poor quality public transportation?
Discuss a time when you experienced congestion on a highway, park or other public good. Why...
Discuss a time when you experienced congestion on a highway, park or other public good. Why do we tend to have congestion when using public goods? What are some possible solutions for alleviating congestion on highways or in public goods like national parks?
Imagine you are a finance minister tasked with eliminating the deficit. You can do so by...
Imagine you are a finance minister tasked with eliminating the deficit. You can do so by cutting expenses by 15% overall. Your current cost overruns are in health, education, infrastructure (roads, buildings, etc.), and public safety. What will you cut? What are your priorities? What will be the consequences of your cuts? One more thing: you are facing an election in a few months.
QUESTION FIVE: Imagine you are a finance minister tasked with eliminating the deficit. You can do...
QUESTION FIVE: Imagine you are a finance minister tasked with eliminating the deficit. You can do so by cutting expenses by 15% overall. Your current cost overruns are in health, education, infrastructure (roads, buildings, etc.), and public safety. What will you cut? What are your priorities? What will be the consequences of your cuts? One more thing: you are facing an election in a few months.
What are the two characteristics of public goods? Why is it that private producers do not...
What are the two characteristics of public goods? Why is it that private producers do not “produce” public goods like national defense? Explain your answer below in no more than four sentences.
A survey was taken asking what percent of gender takes public transportation and what percent drive....
A survey was taken asking what percent of gender takes public transportation and what percent drive. The results of the survey show that out of the 16 men survey 10 drive and 6 do not, where as with women 10 drive and 4 take public transportation Analyze the data, by hand (showing all work) using all of the appropriate descriptive technique and explain why you chose the specific techniques and explain your choice - frequency table; cross-tabulation; graphical analysis -...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT