Question
1.Discuss the impact on efficient between private and public goods as an economy becomes wealthier 2.From the perspective of public goods/externalities why would an individual
1.Discuss the impact on efficient between private and public goods as an economy becomes wealthier
2.From the perspective of public goods/externalities why would an individual not consent voluntarily to vaccinated
3.explain why an economy in which airlines charge different passengers different prices for the same flight will not have exchange efficiency?
4. Discuss how public policy affects economic growth?
5.For each program listed below discuss what market failure might can making a justifiable reason for government intervention...
a) national weather service
b) Government sponsored affordable housing
c) regulation of automobile pollution
d) universal health care
e)unemployed benefits for the youth
4.Kenya is currently constructing roads that will attract toll fees on major highways
a) Describe the types of externalities that these roads alleviate ? explain your answer
b) Other than using a toll roads ,what other solutions can kenya use to externalities discuss in (a) above?
c) how much should kenya set as the toll rate for using these roads?
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