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Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
النسخة 12الرقم المعياري الدولي: 978-1133189022Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
النسخة 12الرقم المعياري الدولي: 978-1133189022 تمرين 5
Explain why a public good must have the nonexclusivity feature if free riding is to occur.
2. Would a public good that had the nonrivalry property but not the nonexclusivity property be subject to free riding? Why might such a good be produced at inefficient levels anyway?
2. Would a public good that had the nonrivalry property but not the nonexclusivity property be subject to free riding? Why might such a good be produced at inefficient levels anyway?
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a. Public good and non-exclusivity featu...
Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
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