Question
We add the demands of private goods horizontally but add the demands of public goods vertically when determining the associated marginal benefit to society. Why
We add the demands of private goods horizontally but add the demands of public goods vertically when determining the associated marginal benefit to society. Why do we do this, and why are the procedures different for public and private goods?
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Capital Ideas The IMF And The Rise Of Financial Liberalization
Authors: Jeffrey M. Chwieroth
1st Edition
1789732468, 9781789732467
