A. Suppose the consumption of a good entails rather sizable spillover benefits. How might the resulting misallocation of resources be corrected?
A. Suppose the consumption of a good entails rather sizable spillover benefits. How might the resulting misallocation of resources be corrected?B. Name a good of which the consumption is accompanied by spillover benefits.C. What are the two characteristics of public goods? Is U.S. border control a public good or a private good? Why? How about satellite TV? Explain
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