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Business, 01.05.2021 01:00 brooklyn4932
Efficient private provision of pure public goods is difficult because too much will be demanded as each consumer is forced to buy his or her own units of the public good too little will be demanded because private provision leads to higher marginal costs than public provision. too much will be produced as fi rms compete with each other for the public’s dollars. too little will be demanded as, individually, consumers choose not to pay the full cost of units of the good.
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Efficient private provision of pure public goods is difficult because too much will be demanded as e...
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