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Say 6 homogenous consumers have individual willingness to pay P = 20 4Q for a public good. If the marginal cost of providing Q is
Say 6 homogenous consumers have individual willingness to pay P = 20 4Q for a public good. If the marginal cost of providing Q is 6Q, the optimal amount of Q is Multiple Choice 6. 0. 2. 4
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Macroeconomics
Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone
6th Canadian Edition
321675606, 978-0321675606
