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The Optimal Quantity of a Public Good Is Where the Total

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The optimal quantity of a public good is where the total benefits from it are equal to the total costs of producing it.


Definitions:

Certificate of Incorporation

A legal document issued by a government or regulatory body that acknowledges the formation of a corporation and shows it is legally allowed to conduct business.

Raising Capital

The process of gathering funds to finance new investments or pay off debts.

Double Taxation

This term refers to the imposition of taxes on the same income, asset, or financial transaction at two different levels of government or in two different jurisdictions.

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