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Q3: Private markets have difficulty providing public goods
Q4: The price and quantity generated by a
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Q10: Suppose the world price is below the
Q12: Total surplus is the area<br>A) above the
Q15: Rent seeking best describes where<br>A) individuals or
Q30: Signals to convey high quality are most
Q32: What are opportunity costs? How do explicit
Q51: In general, if a benevolent social planner