Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
12th Edition
ISBN: 9780134078779
Author: Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher: PEARSON
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Chapter 16, Problem 2.3P

(a)

To determine

Should government be involved in providing health care as health care is a public good.

(b)

To determine

Whether an unregulated market economy tends to under produce public goods.

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