How much competitive private market provide

Reference no: EM131063256

There are three groups in a community. Their demand curves for public television in hours of programming, T, are given respectively by W1 = $200 - T W2 = $240 - T W3 = $320 - 2T Suppose public television is a pure public good that can be produced at a constant marginal cost of $200 per hour.

How much public television would a competitive private market provide?

Reference no: EM131063256

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How much competitive private market provide : How much public television would a competitive private market provide?

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