Is there any reason to think that y * , the optimal level of the public good,
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Is there any reason to think that y * , the optimal level of the public good, will be the same regardless of what indifference curve for consumer 2 we choose to start with? How does your answer change when tastes are quasilinear in the public good? and how does this relate to your answer to exercise 27a.2?
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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