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Explain the difference between purely private and public goods and how it applies to environmental problems faced by developing countries. What are the implications of

Explain the difference between purely private and public goods and how it applies to environmental problems faced by developing countries. What are the implications of the free-rider problem for allocation of a public good?

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The differences between the purely private and public goods are as follows 1 Purely private goods are those goods that provides benefit to only that i... blur-text-image

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