Can the social optimal quantity of a public good be determined by the market?
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10-13-2012, 11:16 PM
Post: #1
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Can the social optimal quantity of a public good be determined by the market?
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10-13-2012, 11:24 PM
Post: #2
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As Stephen Colbert would say: " It must be right. The market has spoken."
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10-13-2012, 11:24 PM
Post: #3
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yes
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10-13-2012, 11:24 PM
Post: #4
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Trying to sound intelligent can be someones down fall! Your question is babble!
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10-13-2012, 11:24 PM
Post: #5
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The social quantity of a publc good can be determined by the market. While the optimal quanity is definately determined by the market.
The use of large SUVs in America without regard to relatively inflated gasoline prices is an example of how the optimal quantity of gas has been determined by market demands. |
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