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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 15
Explain, using the terminology developed in this section, why the aurora borealis (the Northern Lights) is different from a city swimming pool. Which best meets the criteria of a pure public good? What type of good is the other good?
Explanation
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Non-excludable good:
Non excludable goo...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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