Externalities public goods
Ap micro 6 1 intro to unit and public goods
Unit 6: Market Failures and the Role of the Government 1.
Public Goods and Common Resources. Characterizations of Goods, Services or Resources Excludability: Excludable when it is possible to prevent a person.
What would happen if the Government left road-building up to citizens or private companies? What problems might arise? (list 3) Warm-up.