Private, common, and public goods: Provide a
brief synopsis of the differences between private, common, and...
Private, common, and public goods: Provide a
brief synopsis of the differences between private, common, and
public goods, and the value of this difference to the economy.
School Type
Cost
30 Year ROI
Annual ROI
Private
$221,700.00
$2,412,000.00
8.70%
Private
$213,000.00
$2,064,000.00
8.30%...
School Type
Cost
30 Year ROI
Annual ROI
Private
$221,700.00
$2,412,000.00
8.70%
Private
$213,000.00
$2,064,000.00
8.30%
Private
$230,100.00
$1,949,000.00
7.90%
Private
$222,600.00
$1,947,000.00
8.00%
Private
$225,800.00
$1,938,000.00
8.00%
Public
$87,660.00
$1,937,000.00
11.20%
Private
$224,900.00
$1,915,000.00
7.90%
Private
$221,600.00
$1,878,000.00
7.90%
Public
$125,100.00
$1,854,000.00
9.80%
Private
$215,700.00
$1,794,000.00
7.90%
Public
$92,530.00
$1,761,000.00
10.60%
Private
$217,800.00
$1,752,000.00
7.70%
Public
$89,700.00
$1,727,000.00
10.70%
Private
$229,600.00
$1,716,000.00
7.50%
Public
$101,500.00
$1,703,000.00
10.20%
Public
$115,500.00
$1,694,000.00
9.70%
Public
$104,500.00
$1,690,000.00
10.10%
Public
$69,980.00
$1,685,000.00
11.50%...
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The table below shows the marginal private benefits and the
marginal private costs...
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The table below shows the marginal private benefits and the
marginal private costs of steel production. The marginal private
benefits represent the market demand curve (DInt), and
the marginal private costs represent the market supply curve
(SInt).
Quantity of steel
(in tons)
Marginal private benefits
DInternal
Marginal private costs
SInternal
1,000
$200
$50
2,000
$180
$60
3,000
$160
$70
4,000
$140
$80
5,000
$120
$90
6,000
$100
$100
7,000
$80
$110
8,000
$60
$210
Suppose that the...