Referring back to the last question, raves and education are both goods. That is, people typically prefer

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Referring back to the last question, raves and education are both goods. That is, people typically prefer more of each to less. Do you think it is proper that people may not hold raves in the room when your class meets? Can you suggest a general principle that could guide university administrators as to when access to your room should be closed rather than open? Would the rule you suggest make some people worse off? If so, who?

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The Economics of Public Issues

ISBN: 978-0134018973

19th edition

Authors: Roger LeRoy Miller, Daniel K. Benjamin, Douglass C. North

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