Give an application of public goods, externalities or economics of Health care

Examples of Applications Public Goods - Radio and television Today no one who broadcasts a radio or TV program over the air" excludes anyone from receiving the broadcast, and the cost of the broadcast is unaffected by the number of people who actually tune in to receive it (it's non-rivalrous). In the early decades of broadcasting, exclusion was not technologically possible; but technology to scramble" and de-scramble TV signals was invented so that broadcasters could charge a fee and exclude nonpayers. Scrambling technology has been superseded by cable and satellite transmission, in which exclusion is possible. But while it's now technologically possible to produce a TV or radio signal from which non-payers are excluded (so that it's not a public good), it's important to note that because TV and radio signals are non-rivalrous, they are technologically public goods: it's technologically possible to provide them without exclusion. Free Riders When i travel to Las Vegas one of my favorite things to do is be a free finder I love going along the strip or old Las Vegas to see the street preforms and magic that i dont have to pay for. Since they are preforming for free along the streetIt doesn't cost me anything to stop and watch what they have to offer. This helps me save money while i get to take in the experience of Vegas. I dont have to pay taxes as residents and thus I am a free rider. This also helps me save money that I can gamble away at the casinos. An example cluser to home Is that after a rangers game one can usually see someone playing the drums on old buckets or the saxophone Externalities For unit 5's application I would like to use the positive externality of tuition reimbursement. An externality is defined as a benefit (or cost) of a good or service that is imposed on a third party. Externalities can be either positive or negative and can result in market failures A positive externality results in an underproduction of the good or service. A positive externality that is directly relatable our unit is the tuition reimbursement program offered by some companies. The company receives a benefit by having a better trained and productive employee. The customer receives the benefit of the increased production from the employee who now has an MBA Finally the industry and the community sees a benefit of higher levels of education, increased wages and quality of life The Economics of Health Care