6. One of the problems of public provision is that it leads to public dissatisfaction. We can...

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6. One of the problems of public provision is that it leads to public dissatisfaction. We can choose any quantity of private goods that we want, or we can walk away without buying any. When it comes to public goods such as national defense, the government must choose one and only one kind and quantity of (collective) output to produce.

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Principles Of Microeconomics

ISBN: 9780691150093

13th Global Edition

Authors: Karl E. Case, Ray C. Fair, Sharon E. Oster

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