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    Business
  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 16: Externalities, Public Goods, and Common Resources
  5. Question
    At the Optimal Level of Public Goods Provision, Society's Total
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At the Optimal Level of Public Goods Provision, Society's Total

Question 156

Question 156

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At the optimal level of public goods provision, society's total willingness to pay per unit is equal to the marginal cost of producing the good.

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