Question
How do externalities cause market failure? ( Explain with diagram) Why private provision of a public good is efficientlylow? Explain with diagram. Why do markets
How do externalities cause market failure? ( Explain with diagram)
Why private provision of a public good is efficientlylow? Explain with diagram.
Why do markets fail to provide a public good (Explain from the perspective of the free-rider problem).
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Macroeconomics
Authors: N. Gregory Mankiw, William M. Scarth
5th Canadian Edition
1464168504, 978-1464168505
