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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 6
In the case of public goods, the ability to free ride on the efforts of others is an example of _______.
A) low transactions costs
B) insecure property rights
C) the taxing power of government
D) poor cost-benefit analysis
A) low transactions costs
B) insecure property rights
C) the taxing power of government
D) poor cost-benefit analysis
Explanation
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Verified
Transaction cost refers to those costs t...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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