What is a public good? Why will private markets generally undersupply public goods?

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Macroeconomics In Context

ISBN: 125384

2nd Edition

Authors: Neva Goodwin, Jonathan Harris, Julie A. Nelson, Brian Roach & Mariano Torras

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Question Posted: Nov 18, 2024 02:00 AM

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What is a public good? Why will private markets generally undersupply public goods?
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What is a public good? Why will private markets generally undersupply public goods?

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Macroeconomics In Context

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