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  • 20-10-2017
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Is the free-market quantity of public goods generally greater or less than the efficient quantity?

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nicks20
nicks20 nicks20
  • 01-11-2017
The free-market quantity of public goods is generally LESS THAN THE EFFICIENT QUANTITY.
Free market is an idealized system of market where the prices of goods and products are determined by an open market and consumers. In this market system, the government does not impose laws and regulate the market. 
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