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jr3811 jr3811
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A year ago
Provision of Public Goods

A three-person city is considering a fireworks display. Anya is willing to pay $125 for the display, Vladimir is willing to pay $35, and Aleksandr is willing to pay $25. The cost of the display is $183. Will any single citizen provide the display on his or her own? If the cost of the display is evenly divided between the citizens, will a majority vote be in favor of the display?

▸ yes, yes

▸ no, yes

▸ no, no

▸ yes, no
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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hannahfenghannahfeng
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A year ago
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jr3811 Author
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A year ago
Thanks
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Yesterday
You make an excellent tutor!
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2 hours ago
Smart ... Thanks!
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