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Consider 3 individuals (i = 1, 2, 3) with preferences given by Ui = XiG. Private good costs $1 per unit and public good costs
Consider 3 individuals (i = 1, 2, 3) with preferences given by Ui = XiG. Private good costs $1 per unit and public good costs $10 per unit. Individuals have wealth w1 = 30, w2 = 50 and w3 = 20. What is the efficient level of G
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