What properties characterize a public good? If such properties hold for a good, what is the socially

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What properties characterize a public good? If such properties hold for a good, what is the socially optimal price to charge for this good? What problem results from actually charging the socially optimal price?

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Intermediate Microeconomics

ISBN: 9780155414969

1st Edition

Authors: Robert W. Clower, Philip E. Graves

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