Public Goods | Private Goods | Mixed Goods| Merit Goods in Public Finance| public or Social goods
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- Опубліковано 19 вер 2024
- Public goods can be pure or impure. Pure public goods are those that are perfectly non-rivalrous in consumption and non-excludable. Impure public goods are those that satisfy the two conditions to some extent, but not fully.
The production of public goods results in positive externalities for which producers don’t receive full payment. Consumers can take advantage of public goods without paying for them. This is called the “free-rider problem. ” If too many consumers decide to “free-ride,” private costs to producers will exceed private benefits, and the incentive to provide the good or service through the market will disappear. The market will thus fail to provide enough of the good or service for which there is a need.
For example, a local public radio station relies on support from listeners to operate. The station holds pledge drives several times a year, asking listeners to make contributions or face possible reduction in programming. Yet only a small percentage of the audience makes contributions. Some audience members may even listen to the station for years without ever making a payment. Those listeners who do not make a contribution are “free-riders. ” If the station relies solely on funds contributed by listeners, it would under-produce programming. It must obtain additional funding from other sources (such as the government) in order to continue to operate.public goods,social goods,public or social goods,social goods kya hai,public goods explain in hindi,social goods explain in hindi,example of social goods,pure public goods,example of public goods,mixed goods explain in hindi,mixed goods kya hai,mixed goods in public finance,example of mixed goods,merit goods explain in hindi,merit goods kya hai,example of merit goods,private goods,mixed goods,merit goods in public finance,public goods vs private goods
Thank You Sir..
Best and point on Clear Explanation.
This will really helpful in my Upcoming BCom Exam 🙏🏼
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Very nice lecture sir easily understandable thankyou sir🤟🏻
Namaste sir🙏
Your every lecture is most informative one. I have a request sir please make videos on environmental Economics.
Lots of respect.
Thanku sooooo much sir.... Nyc & simple explaination... Cleared all the type of goods.... Before I was vry confused in merit goods but now it's clear...
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Thanks sir
Nice sir... Never understood before today
Very good sir....
Thank u sir, clearly explain kiye aapne 👍🙏
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Thanks sir 😊👍👍
Best teaching
Very well explained
Nyc sir
Very nice sir ❤️
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Bahut achha samjh me a gya sir 🙏🙏🙏🙏
Nicely explained... thank you sir
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Thanks and regards sir 🙏
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thnku thnku so mch sr
Nice video sir😇😇😊😊😊😊
Excellent explanation sir.
Welcome
Thank you sir
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bhut acche sir
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Good explanation
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Thanku sir
Thanks sir🙂
Good
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👌👏🙏
sir👌😊
PDS item is a merit goods!???
Sir,
Video Ka series pata Nahin chal rha hai.
Sir Aap video Ka numbering Kar dijiye na please?
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🙏🙏🙏
Sir.. In the case of public goods supply and prices are fixed??
Impure public goods ka koi example??
Sir upsc epfo k liy please account ka video bna dijiy
Health and education public goods hain ki nahi? Yadi nahi hain to Kaun se goods hain?
Health and education are examples of private goods but govt provided health and education are examples mixed Goods
@@digvijayeconomica
When government provides free education through online platforms then it is public good or merit good?
Merit Goods becz government provided only a group
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Sir app pura public fiancee padaye. Paid batch
Impure goods ka example kya hua?
Sir vaccination merit good ka example h????
Tab jab ye sirf kisi specific group ko free diya jaye but jab sabko free doya jaye to public goods hoga
Sir education kon se good ka example h
Mixed
Good Afternoon sir,
Sir impure public goods aur mixed good me kya difference hai ?
Love
Is education public or private goods?
@rohanbiswas1744
Education can be both public as well as private goods, it completely depends on the person's living condition.😊
सर जी लाल रंग का प्रयोग करिये, पेन में .
🫡
Thanks sir