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- BN10.2 Classify each of the following as a rival or nonrival good and as an exclusive or nonexclusive good. a. Clothing b. Cable television c. Congested non-toll road1. What is a nationalized industry and how does it differ from a business in private ownership? What is meant by "State-owned businesses/corporations?" What are the arguments for privatization of state-owned businesses? 2. Explain two regulatory practices set up in Jamaica for the establishment of businesses.1. what is the the importance of good governance in the public sector? 2. what are the two methods of public decision-making according to Lindbloom, give specific examples for each.
- What is the main factor preventing a large community from influencing policy in the same way as a special interest group?Call a company be guaranteed all of the Social benefits of a new invention? Why or why not?Will the demand for borrowing and investing in R&D be higher or lower if there are no external benefits?
- Why might private markets tend to provide too few incentives for the development of new technology?Explain why the federal government funds national defense.5. The results of the recent Federal Census will have no impact on the amount of revenue a State receives from intergovernmental grants. True/False Correction to make true.
- 16. Which of the following types of political culture stresses the importance of the individual and private initiative? a. Individualistic b. Traditionalistic c. Moralistic d. Socialistic e. CivicPlease ASAP. Please give a brief explanation. Thank you. Explain the existence and rise of the nonprofit sector through the lens of the economic theorist.What is the total revenueindustry market of bed and breakfast in Negril Jamaica for 2022?
