Describe Quasi-public goods
Describe Quasi-public goods?
Expert
Quasi public goods are those that have large spillover benefits, so government will sponsor their provision. Otherwise, they would be underproduced. Medical care, education, and public housing are examples.
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Illustrate how Microeconomics looks at specific economic units?
Illustrate the advantage and disadvantage of Corporations?
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Write short note on Demand?
Briefly explain the term Average cost and Marginal cost?
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