PM= PA+PB = Set gaga because of open access and indivisibility (i..e., no rival in consumption) which are the characteristics of public goods.
PM= PA+PB = Set gaga because of open access and indivisibility (i..e., no rival in consumption) which are the characteristics of public goods.
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section: Chapter Questions
Problem 3PA
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