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Introduction - You are required to choose a private good in the market (example buying iPhone) Explanation on how the chosen private goods (iPhone) fits
- Introduction - You are required to choose a private good in the market (example buying iPhone)
- Explanation on how the chosen private goods (iPhone) fits its characteristics
- Discussion on the market equilibrium (iPhone) for private goods
- Discussion on the differences between private goods and public goods
- Example 1
- Example 2
- Example 3
- Example 4
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