1. Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingnessto- pay...

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1. Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingnessto-

pay curve for a public good?

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Microeconomics And Behavior

ISBN: 9780073375731

7th Edition

Authors: Robert Frank

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Question Posted: Oct 14, 2024 04:02 AM

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Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingness- to- pay curve for a public good?
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1. Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingnessto- pay curve for a public good?
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1. Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingnessto- pay...

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Microeconomics And Behavior

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