"private" in inglés with examples - Collocation dictionary inglés
- Likewise, private goods and services should remain in the hands of the private sector.
- Unlike public goods, private goods are less likely to have the free rider problem.
- It is actually divided up into several private goods when apportioned to the different individual members.
- In more general terms, almost all private goods are rivalrous.
- Hence a competitive market will produce a socially efficient quantity of private goods.
- The two examples of private goods that Buchanan offered to illustrate this concept were hair cuts and shoes.
- The principle is sometimes likened to the function of prices in allocating private goods.
- Why then do princes and the Church hold as private goods what should be in common?
- In the next chapter we examine why the public sector may wish to produce private goods.
- It is these private goods, available only through union membership, which may provide the incentive to join for potential members.
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