e. Next suppose N is very large. Explain why it is now a good approximation to assume

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e. Next suppose N is very large. Explain why it is now a good approximation to assume that individual n takes t as given when he chooses his contribution level to the public good (as he did in exercise 27.1).

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Microeconomics An Intuitive Approach With Calculus

ISBN: 9781337335652,9781337027632

2nd Edition

Authors: Thomas Nechyba

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Question Posted: Nov 06, 2024 06:01 AM

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e. Next suppose N is very large. Explain why it is now a good approximation to assume

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Microeconomics An Intuitive Approach With Calculus

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