The government of Jefferson County, Colorado, purchases forests and preserves them as green space so the surrounding
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The government of Jefferson County, Colorado, purchases forests and preserves them as “green space” so the surrounding communities can enjoy views of the natural landscape. These views are non-rival and non-excludable.
a. Would a private market for green space bring about the efficient amount of green space, too much green space, or too little green space? Explain your answer.
b. Identify a public good not mentioned in the chapter and explain who provides it and how it is paid for.
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