Problem
1. What caused the shrinkage of the public sector in the 1980s?
2. Give three arguments for nationalization.
3. What is marginal cost pricing?
4. What were three reasons for privatization?
5. How do merit goods differ from public goods?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.