1) Can a public good be considered a positive externality? Therefore can it be solved by the Coase Theorem?
2) Drawing an Edgeworth Box, how would you exemplify an example where indifference curves are already tangent and individuals are willing to trade?
2) Drawing an Edgeworth Box, how would you exemplify an example where indifference curves are already tangent and individuals are willing to trade?
Basic microeconomics questions
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