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  3. Study Set
    Principles of Microeconomics
  4. Exam
    Exam 14: Externalities, Market Failure, and Public Choice
  5. Question
    Explain Why a Subsidy Will Not Solve the Problem of Producing
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Explain Why a Subsidy Will Not Solve the Problem of Producing

Question 14

Question 14

Essay

Explain why a subsidy will not solve the problem of producing less than is socially optimal of a pure publicgood.

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Although a subsidy will lower the price ...

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