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Author Question: Suppose 100 townspeople value a statue of the local hero at $1 each, and construction of the statue ... (Read 110 times)

Cooldude101

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on: Jul 21, 2019
Suppose 100 townspeople value a statue of the local hero at $1 each, and construction of the statue would cost $90. Which of the following is true?
◦ It would be efficient to build the statue and it will be built because at least ninety of the townspeople will contribute to its construction.
◦ The statue will not be built because the local government does not have the power to tax only those who value it.
◦ It would be efficient to build the statue, but it may not be built because some of the townspeople who value the statue will not contribute to its construction.
◦ The statue will not be built because it is not efficient to build a statue that costs $90 if the townspeople value it at only $1.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by Cooldude101 on Jul 21, 2019

raenoj

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Reply #1 on: Jul 21, 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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Cooldude101

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Reply #2 on: Jul 21, 2019
Thanks


raenoj

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Reply #3 on: Jul 21, 2019
Welcome :)


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