How would you decide whether to make a charge for a
Problem
1. Why might the social costs of building a factory in an area of high unemployment be less than the private costs?
2. How would you decide whether to make a charge for a government service or to provide it free to the user?
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problem1 why might the social costs of building a factory in an area of high unemployment be less than the private
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problem1 show how a large prize spread in a tournament elicits a higher level of work effort from the participants2
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