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1. What is the objective of Markets and Individual maximizing behavior? Explain. 2. What is a Noncompetitive market? Explain and give examples. 3. What is

1. What is the objective of Markets and Individual maximizing behavior? Explain. 2. What is a Noncompetitive market? Explain and give examples. 3. What is public good, private good and a free riders? Explain each and give examples

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