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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Related Book For
Intermediate Microeconomics
ISBN: 9780155414969
1st Edition
Authors: Robert W. Clower, Philip E. Graves
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