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Author Question: ________ demonstrates that an optimal (or most efficient) level of output exists for every public good. (Read 55 times)

ENagel

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on: Apr 19, 2019

Question 1

Refer to the information given in Table 16.8 below to answer the question that follows.








Refer to Table 16.8. Assume that the marginal cost of hiring a police officer is $120. If A and B are the only two people in the society, the optimal number of police officers is


◦ 1.
◦ 2.
◦ 3.
◦ indeterminate from this information.

Question 2

________ demonstrates that an optimal (or most efficient) level of output exists for every public good.


◦ The Tiebout hypothesis
◦ Samuelson's theory of public expenditure
◦ The Theory of Public Choice
◦ The Coase theorem
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ENagel on Apr 19, 2019

miss_1456@hotmail.com

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ENagel

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Reply #2 on: Apr 19, 2019
Thanks


miss_1456@hotmail.com

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Reply #3 on: Apr 19, 2019
Welcome :)


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