맨큐의 경제원론 원서 연습문제 풀이(영어)
11장-public and common and resources
12장-the design of the tax system
13장-the cost of production
14장-firms in competitive markets
QUESTIONS FOR REVIEW
2. What is cost-benefit analysis of public goods? Why is it important? Why is it hard?
What is the cost benefit analysis, supply of utilities to run a study comparing the social costs and benefits. Analysis says. Important because the cost benefit analysis of how the supply of public goods should have a decision cycle. In other words, public goods in the supply of people who use it will enjoy the benefits and construction. Maintenance costs is a decision cycle. However, these cost-benefit analysis made very difficult, because the public goods that may be open to anyone free of charge to the value of public goods used to measure the price does not exist. People to ask how reliable the survey is low. Therefore, adequate supply of public goods than private goods are inherently difficult to determine.
3. Define and give example of a public good. Can the private market provide this good on its own? Explain.
Public goods and the exclusion of competing goods is irrelevant.