Microeconomics (13th Edition)
Microeconomics (13th Edition)
13th Edition
ISBN: 9780134744476
Author: Michael Parkin
Publisher: PEARSON
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Chapter 16.2, Problem 2RQ
To determine

The condition under which the competition among the politicians lead to an efficient provision of a public good.

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Economics Present a model of public good provision. What is the Pareto efficient quantity of the public good? How might the Pareto efficient quantity be provided in the economy?
In what sense does the demand curve for a pure public good differ from that of a pure private good ?
What is a public good?
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