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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 20
Club goods and common pool resources are neither purely private goods nor purely public goods. Explain why the government may have a more compelling economic interest in intervening in the market for common pool resources than in the market for club goods.
Explanation
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Club good:
Club goods refer to those go...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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