Documents Public Goods and Economic Efficiency Presented by Cheng Yi Lik.

Slide 1Public Goods and Economic Efficiency Presented by Cheng Yi Lik Slide 2 Private Goods its consumption by any one person would reduce the amount available for others…

Documents Production and Cost Functions Anderson: Government Production and Pricing of Public Goods.

Slide 1 Production and Cost Functions Anderson: Government Production and Pricing of Public Goods Slide 2 Basic Definitions profit: the total revenue a firm receives from…