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    Microeconomics Study Set 3
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    Exam 18: Externalities, Open-Access, and Public Goods
  5. Question
    Explain Why the Social Demand Curve for a Public Good
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Explain Why the Social Demand Curve for a Public Good

Question 20

Question 20

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Explain why the social demand curve for a public good is the vertical sum of the demand curves of each individual.

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A public good lacks rivalry,so many peop...

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