Business, 23.12.2019 23:31, tjiaxin8082

What is difficult about using cost-benefit analysis to estimate the level of a public good that will maximize social welfare? it is difficult to estimate the marginal costs of supplying a public good. the government cannot use cost-benefit analysis to estimate this. it is difficult to estimate the marginal social benefits of supplying a public good. the costs of using it may make the provision of the public good prohibitive.

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What is difficult about using cost-benefit analysis to estimate the level of a public good that will...