Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
Question
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Chapter 17, Problem 29APA

(a)

To determine

Marginal private cost and marginal private benefit.

(b)

To determine

Efficient usage.

(c)

To determine

Market solutions to tragedy of commons.

(d)

To determine

Efficiency in electricity production.

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