What are the two characteristics of public goods? Please provide examples and explain the significance of each. Explain the concept of consumer surplus and producer surplus. Please provide an example of each.


What are the two characteristics of public goods? Please provide examples and explain the significance of each.
Explain the concept of consumer surplus and producer surplus. Please provide an example of each.
Explain the two causes of market failures. Please provide an example and explain each.
Explain negative externalities and positive externalities. Please provide an example of a negative externality and a positive externality. How might government correct the externalities?
What is the usefulness of the total revenue test for price elasticity of demand?
What are the factors that affect price elasticity of demand and price elasticity of supply? What are some applications of each?
How can the government’s power to coerce (influence economic behavior) be economically beneficial?
What are the functions and responsibilities of the Federal Reserve?
Why is Federal Reserve independence important?



This essay is written by:

Prof. SirMojo Verified writer

Finished papers: 435

Proficient in:

English, History, Business and Entrepreneurship, Nursing, Psychology, Management

You can get writing help to write an essay on these topics
100% plagiarism-free

Hire This Writer
© 2017 theacademicessays. All Rights Reserved. Design & Developed by theacademicessays.
How to Avoid Plagiarism
  • Use multiple resourses when assembling your essay
  • Use Plagiarism Checker to double check your essay
  • Get help from professional writers when not sure you can do it yourself
  • Do not copy and paste free to download essays
Get plagiarism free essay
Loading...