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Explain all your answers below clearly, including brief definitions of each term.

a) Are jokes rival?

b) Are jokes excludable?

c) Are jokes public goods?

d) Consider the costs of developing jokes and the enjoyment that people get from developing jokes. How do these factors affect the social desirability of strong intellectual property rights for jokes?

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9165827

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