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thanks in advance 2. Suppose that an information manual on investment strategies can be produced at a cost of $5000. There are 100 investors in

thanks in advance

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2. Suppose that an information manual on investment strategies can be produced at a cost of $5000. There are 100 investors in the community: 50 of them are willing to pay $80 for the information, and 50 of them are only willing to pay $30 for the information. A. Explain how the information manual can be viewed as having public goods characteristics. B. From an efficiency standpoint, should the manual be produced and provided to the investment community? Explain. C. Assuming that non-payers can be excluded from using the information, would you expect the market to produce and provide the manual? If so, explain who would get the information and how much they would be charged. Is this outcome efficient? D. Suppose that the willingness to pay of the 50 high valuation individuals is $110 each rather than $80 (the remaining 50 individuals are still willing to pay only $30 each). How, if at all, does this change your answer in C? I.e., would you expect the market to produce and provide the manual? If so, explain who would get the information and how much they would be charged. Is this outcome efficient

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