2. Explain why positive externalities lead to inefficient underproduction and how public provision, subsidies, and vouchers can
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2. Explain why positive externalities lead to inefficient underproduction and how public provision, subsidies, and vouchers can achieve a more efficient out-
come.
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Related Book For
Essential Foundations Of Economics
ISBN: 9780520219465
7th Global Edition
Authors: Bade, Robin;Parkin, Michael
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