The Property of Nonexclusion of a Pure Public Good Depends

question 22

Essay

The property of nonexclusion of a pure public good depends on the technology of pricing.Changes in technology can make it possible to price goods and services that were previously unpriceable.Suppose a new electronic device is available that can monitor the miles traveled by vehicles on
public roads.The device would be required on all vehicles and would make it feasible to price each mile traveled at any rate.How would you determine the price of road services per mile to achieve efficient road utilization?

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Definitions:

Google Image Search

A service by Google that allows users to search the internet for image content.

Digital Wallets

Electronic devices or online services that allow individuals to make electronic transactions, including purchasing items on-line with a computer or using a smartphone to purchase something at a store.

Hot and Cold

In data storage, "hot" refers to data that is frequently accessed, while "cold" refers to data that is infrequently accessed and stored for the long term.

Glycoproteins

Proteins that have carbohydrate groups attached to the polypeptide chain, playing crucial roles in cell-cell interactions and immune function.