Question

Explain with the help of three examples that the collective provision of goods and services is cheaper than individual provision. Which chapter is this from??????

Answer 1

Answer:

Think of other examples where collective provision of goods and services is cheaper than individual provision. Answer: In factories, in mining, in manufacturing etc, where an activity is carried out on a mass scale.

Answer 2

Answer:

Collective security for the whole locality is cheaper than individual security to each house. For example a pond or a playground for all people will be cheaper than individual ones.