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Graph the individual marginal benefit and marginal social benefit curves of a Teibout community (you can determine the slope and shape of the curves). How
Graph the individual marginal benefit and marginal social benefit curves of a Teibout community (you can determine the slope and shape of the curves). How does it differ from a community without the Teibout assumption that residents have identical preferences for the provision of government goods and services?
Please give proper graph otherwise will be downvoted
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