Homework Answers
Public good is a type of good which is-
Non rival and not excludable in nature
Non rival means having no competition with others and main motto is not to generate the profit
Non-excludablemeans open for all without any discrimination
Here in the New York city since free Wi-Fi available for everyone it means it can be used by any person without any discrimination or rival
So it will come under the public good and due to free rider problem the speed of internet decreases
Private good is just opposite of public good which is rival as well as excludable in nature
Club goods are non rival and excludable in nature
Common resources are rival and non excludable in nature
Hence the answer is option B
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could facebook take any measures to make this possible?
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used.
Some long reports can contain an executive summary section, as
indicated in the Pearson handbook.
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In business contexts, an executive summary is always written
for a specific purpose: to explain the information in the article
to a...
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