What distinguishes public good from private goods what, Ask an Expert

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what distinguishes public good from private goods?

what happens to total revenue given a price increase and demand is inelastic? Why?

What is the difference b/w economic and accounting profit? Why is a difference b/w them important?

Why do necessities tend to have demand that is price inelastic, while luxuries tend to have demand that is price elastic?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9494315

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