Week 8: Chapters 11 and 12 October 30 – November 05

The discussion need to be specific, examples, and detailed….
i will be posting a another student’s discussion board entry, to reflect AND information to it. it need to be detailed and add new info

Posting 1 – Explain one of the following set of topics, in its entirety, that you learned about in chapter 11 and 12 in detail with examples. Seven to ten full lines minimum. Do not copy the textbooks or any other sources, that would be plagiarism. Write the entire topics of your choice in the DB heading, and answer all of them.
1 – Fourfold Classification of Goods Figure 11.1 in detail with examples.
2 – Marginal Benefit from a Public Good Figure 11.2 in detail with data analysis.
3 – The Efficient Quantity of Private Underproduction of a Public Good Figure 11.3, and An Efficient Political Outcome Figure 11.4 in detail.
4 – Why Overfishing Occurs Figure 11.7, and Property Rights Achieve the Efficient Use of a Common Resource Figure 11.8 in detail.
5 – A Production Quota to Use a Common Resources Efficiently Figure 11.9, and An ITQ to Use a Common Resource Efficiently Figure 11.10 in detail.
6 – Warranties Make a Used-Car Market Efficient Figure 12.4, and Inefficient Pooling Equilibrium in an Auto Insurance Market Figure 12.5 in detail.
7 – Two Outcomes in Auto Insurance Compared Figure 12.6 in detail.
8 – The Economics of Healthcare pages 307-313.

Posting 2 – Then Reply to one of your classmate’s postings in detail with Netiquette. Three to five full lines minimum. You must add something to your classmate’s posting or improve it based on your studies, not merely agreeing or disagreeing. Refer to your classmates by name, greet them, and write your name at the end of your posting .