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Public or Private water provision? Discussion Question: Think about allocative (profit maximization where Q is chosen at MC = MR) compared to technical efficiency (where

Public or Private water provision? Discussion Question: Think about allocative (profit maximization where Q is chosen at MC = MR) compared to technical efficiency (where Q is chosen at MC = AC). Now consider public v. private water provision or supply Which level of output (allocative or technically efficient) would each produce at? Why?

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