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Author Question: According to the Tiebout hypothesis, (Read 33 times)

geoffrey

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on: Apr 19, 2019

According to the Tiebout hypothesis,


◦ an optimal (or most efficient) level of output exists for every public good.
◦ an efficient mix of public goods is produced when local land/housing prices and taxes reflect consumer preferences.
◦ a good or service is usually so costly that its provision generally does not depend on whether any single person pays.
◦ under certain conditions, when externalities are present, private parties can arrive at the efficient solution without government involvement.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by geoffrey on Apr 19, 2019

tandmlomax84

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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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geoffrey

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Reply 2 on: Apr 19, 2019
Excellent

shailee

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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