Limited funds block this efficient outcome. The number of bridges repaired is 4,000 per year at a

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Limited funds block this efficient outcome. The number of bridges repaired is 4,000 per year at a cost of $2.5 million per bridge, with a total expenditure of $10 billion per year.

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Foundations Of Microeconomics

ISBN: 9780134491981

8th Edition

Authors: Robin Bade, Michael Parkin

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