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A-Level数学必修-核心数学C1
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Part 3 解答
（a）Enterprise as a factor organizes other factors like land、labour and capital to work collaboratively during process of production.
The other role enterprise plays during production is to take the risks of potential failure. （组织其他生产资料和承担风险）As demand for a good rises, enterprise is likely to increase the supply by hiring more labour or investing more.
Consequently, the price of the good is likely to increase as the cost of production rises. （企业家通过雇佣更多的劳工和增加投资来提高产量；会带来价格增加的后果。） （b）private goods are exclusive and rivalry while public goods are non-exclusive and non-rivalry. Generally privet enterprises produce private goods to maximise their profits and public goods are provided by government like national defense and health care to maximise social welfare. According to merit and demerit goods, merit goods refers to the consumption of which leads to positive externality, but negative externality is associated with the consumption of demerit good
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