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For certain public projects such as flood control, what procedure can a government use to determine what quantity of a public good should be supplied?
For certain public projects such as flood control, what procedure can a government use to determine what quantity of a public good should be supplied?
a.It conducts public surveys to determine if consumers want the product.
b.It hires economists to estimate the market demand for the product.
c.It takes a vote in Congress.
d.It evaluates the costs and benefits of producing the good.
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