The three men traveled on horseback. It was a long journey. They rode all day long. It was dark when they reached the camp. EFFECT: It was dark when the men reached camp. What was the CAUSE?
【简答题】将以下内容翻译成中文: Time Horizon. Goods tend to have more elastic demand over longer time horizons. When the price of gasoline rises, the quantity of gasoline demanded falls only slightly in the first few mon...
It is possible to observe how much people benefit from consuming an additional unit of a public good.
B.
It is difficult to get an accurate estimate of the marginal social benefits of public goods because individuals have an incentive to distort the truth about their willingness to pay.
C.
Individuals tend to underestimate the amount of a public good that they desire.
D.
It is straightforward to estimate the marginal social benefits of public goods.