f. Substitute your expression for t from (e) into your answer to (d). Then determine what level
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f. Substitute your expression for t from
(e) into your answer to (d). Then determine what level of s is necessary in order for private giving to result in the efficient level of output you determined in (a).
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Related Book For
Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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