Question

different between public goods and public bads​

Answer 1

Answer:

Whereas public goods are typically under-provided by decentralized decision making (the market), public bad will generally be over-provided, since the parties generating the public bad do not account for the negative effects (or externality) imposed on others.

Answer 2

Explanation:

whereas public good are typically under-provided by decentralized decision making (the market),public bad will generally be over-provided, since the parties generation the public bad do not account for the negative effects (or externality) imposed on others.

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