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    Microeconomics Study Set 13
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    Exam 4: Market Failures: Public Goods and Externalities
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    The Optimal Quantity of a Public Good Occurs Where the Marginal
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The Optimal Quantity of a Public Good Occurs Where the Marginal

Question 22

Question 22

True/False

The optimal quantity of a public good occurs where the marginal benefit of the citizen who has the highest preference for the good just equals the good's marginal cost.

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