Question

Diagrammatically explain the Samuelson theory of optimal Provision for Public Goods.​

Answer 1

Samuelson theory of public goods

The Samuelson condition, authored by Paul Samuelson, in the theory of public goods in economics, is a condition for the efficient provision of public goods. ... In other words, the public good should be provided as long as the overall benefits to consumers from that good are at least as great as the cost of providing it.

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Answer 2

Answer:

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