Business
Business, 01.04.2020 02:29, meaddestinee

Spring is here, and Neha and her dad would like to go fishing for the weekend in Vermont. Neha could either go to the lake in town where anyone can fish without a permit, or she could drive up to a pond located on her family's property in the countryside to fish. Assume that, no matter where people fish, all of the fish that are caught would be kept (that is, there is no "catch and release" policy).

The fish in the river are considered (nonrival in consumption; rival in consumption) and (excludable; nonexcludable) whereas the fish in the private stream are (nonrival in consumtion; rival in consumption) and (excludable; nonexcludable) . In other words, the fish in the river are an example of (a public good; a private good; a common resource; a club good), and the fish in the private stream are an example of (a public good; a private good; a common resource; a club good).

Fishing in the river will likely lead to (moral hazard; the Tragedy of the Commons; the free-rider problem) because of which of the following reasons?

a. Nobody will enjoy fishing because of the lack of private contributions to the maintenance of the river.
b. Anyone can fish in the river, and one person's fishing activity decreases the ability of someone else to fish with success.
c. All fishermen will choose to fish in the stream believing that there are more fish there.
d. All fishermen will choose to fish in the river because of the limited access to the stream.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 22:10, jpimentel2021
What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?
Answers: 1
image
Business, 22.06.2019 23:50, oopfloop2
The sarbanes-oxley act was passed to question 6 options: prevent fraud at public companies. replace all of the old accounting procedures with new ones. improve the accuracy of the company's financial reporting. both a and c
Answers: 3
image
Business, 23.06.2019 04:10, xojade
Which of the following would not be listed under cash outflows in a financial plan?
Answers: 2
image
Business, 23.06.2019 07:50, cvrlxzzz6507
One cost-of-living indicator available on the internet shows that a salary of $40,000 in santa barbara, california, is equivalent to $14,000 in wichita, kansas. this is primarily because of housing, which is much less expensive in wichita. what does this difference say about how the federal government calculates poverty?
Answers: 3
Do you know the correct answer?
Spring is here, and Neha and her dad would like to go fishing for the weekend in Vermont. Neha could...

Questions in other subjects: