Business, 16.07.2019 01:40, alphaaz23415

Since a new suit is a private good, if latasha chooses to spend $300 on a new suit, latasha would get $300 of benefit from the new suit and rosa wouldn't receive any benefit from latasha's choice. if latasha still spends $300 on a new suit and rosa chooses to contribute $300 to the water fountain, latasha would still receive the $270 of benefit from rosa's generosity. in other words, if latasha decides to keep the $300 for a new suit and rosa decides to contribute the $300 to the public project, then latasha would receive a total benefit of

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Since a new suit is a private good, if latasha chooses to spend $300 on a new suit, latasha would ge...