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people have varying valuations on. In each of these pricing scenarios, describe ways in which people may incorrectly report their MB (a) You ask everyone
people have varying valuations on. In each of these pricing scenarios, describe ways in which people may incorrectly report their MB (a) You ask everyone to provide their evaluations and the tax is the average of the responses (b) You have two prices, a low price for people whose evaluation is below a threshold and a high price for those with a high evalua- tion. You tax them based on which group they report they are in (c) We are now selling access to the public good, we want to ensure no one is priced out so when we survey the individuals evaluations, we set the price to equal the minimum, nonzero response. 5. It is hard to obtain information in order to accurately provide a pub- lic good via methods such as a tax. Say there is a public good that
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