Collective-Consumption Services of Individual-Consumption Goods

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Certain commodities of a pure individual-consumption variety also possess characteristics of a pure collective-consumption good, 471. — In certain cases when individual-consumption goods cannot be provided profitably by private enterprise, it may serve the social welfare to subsidize their production, 474. — Conclusion, 476.
Original languageEnglish
Pages (from-to)471-477
JournalThe Quarterly Journal of Economics
StatePublished - 1964


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