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Title: How does the construction of a market demand curve for a private good differ from that for a public good? Post by: Frost on Oct 9, 2019 How does the construction of a market demand curve for a private good differ from that for a public good? ▸ The market demand curve for a private good is determined by adding up the quantities demanded by each consumer at each price but the market demand curve for a public good is determined by adding up the price each consumer is willing to pay for each quantity of the good. ▸ There is no difference; in both cases the demand curve is determined by adding up the price each consumer is willing to pay for each quantity of the good. ▸ There is no difference; in both cases the demand curve is determined by adding up the quantities demanded by each consumer at each price. ▸ The market demand curve for a private good is determined by adding up the price each consumer is willing to pay for each quantity of the good but the market demand curve for a public good is determined by adding up the quantities demanded by each consumer at each price. Title: How does the construction of a market demand curve for a private good differ from that for a public good? Post by: rinderbik on Oct 9, 2019 Content hidden
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