heje25 heje25
  • 20-10-2022
  • Mathematics
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There are three groups in a community. Their demand curves for public television in hours of programming, T, are given respectively by Wy = 200-T W2 = 240-T W3 = = 320-T Suppose public television is a pure public good that can be produced at a constant marginal cost of $200 per hour. What is the efficient number of hours of public television?

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