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Answer with explanation 7. Consider an economy with three types of individuals, differing only With reSpect to their preferences for monuments. Individuals of the rst

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7. Consider an economy with three types of individuals, differing only With reSpect to their preferences for monuments. Individuals of the rst type get a xed benet of 250 from the mere existence of monuments, Whatever their number. Individuals of the second type get total benfts according to B11 = 30M 2M2 for M

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