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Question 3 (4 points) An important characteristic of discrete public goods that ... O Public goods are supplied by governments Without government intervention, the amount
Question 3 (4 points) An important characteristic of discrete public goods that ... O Public goods are supplied by governments Without government intervention, the amount of public goods supplied wi always be below the socially optimal level. A public good may not be supplied at all even if the aggregate utility it bri people is greater than the cost of supplying it. Public goods impose positive externalities on other consumers
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