Skip to content

Economy Wise

Economy for Today

About

1.3.3

1.3.3 Case Theme 1

Electrified Roads

August 9, 2018August 30, 2018 admin business model, private goods, public goods

Question: To dynamically charge vehicles, it is probably enough to electrify the stretch of 20.000 km of highway in Sweden. Would 20.000 km of electrified road be a public or a private good?

Get new posts by email

Recent Posts

The Laffer effect at work? February 22, 2019
Frozen Fries Fray December 8, 2018
Fuel subsidies reforms November 27, 2018
Economic Literacy October 9, 2018
What is a public good? September 25, 2018

Categories

Categories

Tags

advertising elasticiy allocation assumptions business model climate change consumer surplus cost demand division of labour doughnut model economic goods economic model economic system excess supply experiments free goods functions of money government intervention income elasticity inferior goods luxuries market market externalities normal goods normative statement objectives positive statement price elasticity price mechanism private goods producer surplus production possibility frontier profit profit maximisation public goods rational economic man scarce goods scarcity specialisation subsidy supply supply curve systems thinking wants waste

Copyright © 2020 Economy Wise. All rights reserved.
Theme: ColorMag by ThemeGrill. Powered by WordPress.