Should symphony orchestras, art museums and wealthy private universities be effectively subsidized by taxpayers who don't attend concerts, don't care about art, and didn't go to college? Why or why not?

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A: Urban area: It means the geographical area distinct from rural areas.

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A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…

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A: Efficiency is attain at the output level where MSB equals MSC

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A: Nash equilibrium-It is a solution to a game involving two or more players which provides the best…

Q: Is it in the public interest to tax cigarettes? Explain your position using some of the economic…

A: A tax is a charge put by the government of any country on individuals and organisations. Funds…

Q: Why do producers have more interest in government regulations than consumers do?

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A: Externality refers to the economic concept tgat defines the impact of one's actions on the other…

Q: Identify at least one positive and negative externality from running a hamburger shop.  What is one…

A: Externalities means a situation where production or consumption of a good by a person effects other…

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Q: When considering the possibility of legalizing the recreational use of cannabis, had the state…

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Q: paths. There are only two people in this city Mr. A and Ms. B. Describe the free-rider problem…

A: