Suppose the consumption of a good M benefits not only the people who consume it but also

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Suppose the consumption of a good M benefits not only the people who consume it but also the people who don’t consume it (there is a positive externality). Using a diagram, show the dollar amount of inefficiency generated by the free market.

What policy can correct the market to eliminate the inefficiency?

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Public Finance

ISBN: 9780073375748

1st Edition

Authors: Laurence S. Seidman

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Question Posted: Jun 10, 2024 02:21 AM

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Suppose the consumption of a good M benefits not only the people who consume it but also

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Public Finance

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