Nursing Guys

April 11, 2021

Capturing External Benefits Paper

APPLICATIONS IN ECONOMICS Capturing External Benefits: The Case of Walt Disney World Sometimes projects that generate more benefits than cost are still unattractive because a substantial […]
April 11, 2021

Difficult Cases for the Market

Difficult Cases for the Market and The Role of Government of public goods. Medical services, education, mail delivery, trash collection, and electric- ity come to mind. […]
April 11, 2021

Public Goods and Why They Pose a Problem

Public Goods and Why They Pose a Problem for the Market What are public goods? Public goods have two distinguishing characteristics: (1) nonri- valry in consumption […]
April 11, 2021

Incentives Confronted by the Voter

Incentives Confronted by the Voter How do voters decide whom to support? Self-interest dictates that voters, like market con- sumers, will ask, “What can you do […]
April 11, 2021

External Costs and Output Discussion

External Costs and Output That Is Greater Than the Efficient Level When an activity such as paper production imposes external cost on noncon- senting third parties, […]
April 11, 2021

Perspectives on the Cost of Political Competition

Perspectives on the Cost of Political Competition: What Does It Cost to Get Elected? Competition for elective office is fierce and campaigns are expensive. For example, […]
April 11, 2021

Information as a Profit Opportunity

Information as a Profit Opportunity Consumers are willing to pay for information that will help them make better decisions. This presents a profit opportunity. Entrepreneurial publishers […]
April 11, 2021

Potential Information Problems

Potential Information Problems Like other goods, information is scarce. Thus, when making purchasing decisions, people are sometimes poorly informed about the price, quality, durability, and side […]
April 11, 2021

National Economies and Competition

Global Economy, National Economies, and Competition In the first part of the twenty-first century a great recession struck most of the countries in the world. The […]
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