ECON 100A Public Goods and Coase theorem April 29-May 2 Part I Public Goods A good is a (pure) public good if once produced it meets two criteria: 1. Non-rival - A good is non-rival if consumption of additional units of the good involves zero social marginal costs of production. 2. Non-excludable - A good is non-excludable if it impossible‚ or very costly‚ to exclude individuals from benefiting from the good. Taking these two criteria we can categorize goods into four groups. Rival
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Good Parenting There is no such thing as a perfect parent. As a parent‚ one must keep their child safe‚ enable them to fulfill their potential‚ and make sure they’re healthy‚ happy‚ and thriving. Parents who try to follow instruction manuals for children are going to find it difficult‚ because no two children are alike. Parents simply have to adapt to the needs of a child. Good parents set rules and boundaries. They discipline their children‚ but still treat them like human beings. I’m not a
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A Good Parent How to be a good parent? During this period‚ raising children is the most difficult job in the world. But to be a good parent will teach them to become a nice person. So the most important quality of a good parent is being responsible for their children. There are several qualities of a good parent. The three most important qualities of a good parent are express love‚ helping your children feel safe‚ and spending a time with your children. The first quality of good parents is express
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Families are the most important parts of our society. If the families in a community are strong‚ it means this community is much more powerful. Since most of our time we spend at work‚ all the people there are more like extended family. In the article of Gayle Hurmuses what Glen Seidman said you might be with second or third wife but co-workers will remains the same. This remind me of when I first started working‚ being new and young to work force all my co-workers were very supportive and it was
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Bible talk about wisdom Intro: Good morning class and fellow students today I am going to talk wisdom‚ and how we can use it in our daily life. But first let me ask a question to the class. What is Wisdom? What is the purpose of wisdom? Knowledge guided by insight and understanding. Reverence for God is the source of wisdom (Proverbs 9:10). In order to receive wisdom we must ask God for this guidance in our time of need. For example‚ if we are being pressured by our peers‚ asking God for wisdom
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A GOOD COLLEAGUE We spend more time with our colleagues during weekdays than we do with our family. Therefore‚ it is important for our co-workers be the people we can get along with. Good colleagues share some characteristics. Colleague who want to be a good colleague should be friendly and responsible. The first significant characteristic of a good colleague is being friendly. Firstly‚ if you want to be a good colleague
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18.2 Good or Service Mr. Gulash lived in Shelton‚ Connecticut. He wanted an above- ground swimming pool installed in his backyard. Gulash contacted Stylarama‚ Inc. (Stylarama)‚ a company specializing in the sale and construction of pools. The two parties entered into a contract that called for Stylarama to “ furnish all labor and materials to construct a Wavecrest brand pool‚ and furnish and install a pool with vinyl liners.” The total cost for materials and labor was $ 3‚690. There was no breakdown
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From a personal standpoint‚ I believe every artist has a different interpretation of the term "good design". The viewer also perceives design differently‚ that may make the design good or bad. In my opinion‚ Good design is balanced‚ comprehensive‚ and appeals to our emotions. Good design has to be strong and balanced in terms of the overall structural aspect. I believe that a weak design doesn’t keep the viewer’s attention. It should create an experience of either delight‚ amazement‚ or fright
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What makes a good foreign language teacher? It is not a secret that teaching has a great role in our life. In our constantly changing world we have to get knowledge from everything: from people and things surrounding us‚ from different technologies‚ from our experience. But nothing of these can take the place of a teacher‚ who plays a great role in life of every person. During rather long period of time a teacher was an integral part of children’s life. He does not only impart the knowledge of the
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Good Habits Did you know that a person can be defined and be judge by his or her appearance. If someone is dirty maybe his personal hygiene or his good habits are not well practiced. A good habit may result to one’s cleanliness and we all know that cleanliness is next to godliness. The assigned person will be using some pictures to show the students the different good habits a person should practice. And every picture the students will be asked to give their opinion about it and reflect
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