The efficient quantity of a public good is provided if the marginal production cost equals the sum
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“The efficient quantity of a public good is provided if the marginal production cost equals the sum of consumers’ marginal benefits. That rule will be satisfied by majority voting about the level of government services.” True, false, or uncertain? Explain.
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The statement is uncertain Lets break it down The efficient quantity of a public good is provided if the marginal production cost equals the sum of co...View the full answer
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