, ECS3704 Assignment 1 (100% COMPLETE
ANSWERS) 2025
PUBLIC ECONOMY
Assessment 1 (Lesson 2)
Analyse the difference between public and private
goods in table format. Explain why
certain goods such as higher education are
regarded as mixed goods or quasi-public
goods.
PUBLIC VS PRIVATE GOODS
Table of Contents
1. Introduction
2. Differences Between Public and Private Goods (Table
Format)
3. Mixed Goods and Quasi-Public Goods
4. Conclusion
5. References
1. Introduction
Goods and services in an economy are classified based on
their characteristics, primarily in terms of excludability and
ANSWERS) 2025
PUBLIC ECONOMY
Assessment 1 (Lesson 2)
Analyse the difference between public and private
goods in table format. Explain why
certain goods such as higher education are
regarded as mixed goods or quasi-public
goods.
PUBLIC VS PRIVATE GOODS
Table of Contents
1. Introduction
2. Differences Between Public and Private Goods (Table
Format)
3. Mixed Goods and Quasi-Public Goods
4. Conclusion
5. References
1. Introduction
Goods and services in an economy are classified based on
their characteristics, primarily in terms of excludability and
