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- 2017-07-04 发布于四川
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* The electromagnetic frequency spectrum is a common resource. It is not excludable: anyone with the right equipment can use it. It is rival in consumption: there’s a limited amount of spectrum available. The U.S. FCC has been auctioning licenses to use parts of the spectrum since 1994. These auctions raise substantial revenue for the federal government, and help allocate spectrum efficiently (firms that can use it most productively bid the most in the auctions). * Regarding congested roads: please encourage your students to read the new “In the News” box entitled “A Solution t
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