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Consider the following scenarios. Use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. For
Consider the following scenarios. Use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. For each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods.
Your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.
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