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Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 13ISBN: 9780538754279Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
Edition 13ISBN: 9780538754279 Exercise 2
What are the distinguishing characteristics of "public goods"? Give two examples of a public good. Why are public goods difficult for markets to allocate efficiently?
Explanation
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Two types of goods are private goods and...
Economics 13th Edition by James Gwartney, Richard Stroup, Russell Sobel, David Macpherson
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