Wednesday
July 30, 2014

Homework Help: Economics

Posted by Christian on Thursday, May 10, 2007 at 9:06am.

(This homework question was removed due to a copyright claim submitted by K12 Inc.)

I think the satellite is a public good but I'm not sure. I think it is necessary for the government to provide the communication satellites but I'm not sure about that either. Could someone please help me out with this?

I really dont know the answers to your questions. However, I suggest you go back to first principals. First research what it means for a good to be a public good. Then ask does a communications satellite fall into that category (entirely, largely, partially, a bit, not at all). Second, research those general cases where should provide to the public a good or service. Again, ask whether a communications satellite falls into this category.

Lottsa luck

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