*5.4 Consider busy highways where drivers do not have to pay any toll and toll roads where...

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*5.4 Consider busy highways where drivers do not have to pay any toll and toll roads where drivers have to pay a toll based on the type of vehicle and the distance traveled. Can these two goods be considered public goods? Is exclusion possible? Why are tolls collected on certain roads?

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Managerial Economics And Strategy

ISBN: 9780135640944

2nd Global Edition

Authors: Jeffrey M. Perloff, James A. Brander

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