sir, your explanations are nice, it is time to alarm in economic studies. Sir, now management studies only telling about how to explorations of resources for personal use.
Why aren't we adding the cost that a user of common resource imposes on others to the user's marginal private costs and get a marginal social cost curve towards the left of the marginal private cost curve? Simply asking why the marginal private cost and marginal social cost is equal in this case?
sir, your explanations are nice, it is time to alarm in economic studies. Sir, now management studies only telling about how to explorations of resources for personal use.
you are amazing... thanks for the clear explanation
Glad it was helpful!
Why aren't we adding the cost that a user of common resource imposes on others to the user's marginal private costs and get a marginal social cost curve towards the left of the marginal private cost curve? Simply asking why the marginal private cost and marginal social cost is equal in this case?
right i was wondering the same thing bro. do you know the answer yet?