Economy, asked by HannanAli, 1 month ago

Which goods do not have the characteristic of divisibility?​

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Answered by Anonymous
0

Indivisible goods are a theory in Public Finance. A good is indivisible when the utility one derives from it depends on the number of users or individuals using it.

An example would be the use of a bridge after a point that its capacity has been reached. Essentially if few drivers are using the bridge then everyone drives through the bridge without hustle and traffic. In this case the bridge is considered a divisble good because everyone uses the bridge without actually compromising the quality of the good. But after the capacity of the bridge has been met then if one additional driver tries to use the bridge traffic will cause everyone to experience a drop in the quality of the good. As the numbers of drivers increase the quality of the good (passing through the bridge) decreases. In this case the same good is considered indivisible.

Lastly all goods that are bought individually are considered indivisible. The pleasure you obtain from eating an apple and so on. On the other hand, most of the Public Goods are considered divisible. Another classic example of a divisible good is national security.

Answered by VibhutiNaik1407
0

it is sufficient according to me

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