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Unformatted text preview: duction, which is not reﬂected in market prices. An example is air and water pollution by a factory. 1.4 Public Goods For one ±rm’s new technology, others may copy it if there is no patent law; all ±rms are thus waiting for others to invent. Examination 2 Review Examination: Chapter 6, 7, 8, 9, and 16. (Review Lectures 10–20.) Cite as: Chia-Hui Chen, course materials for 14.01 Principles of Microeconomics, Fall 2007. MIT OpenCourseWare (http://ocw.mit.edu), Massachusetts Institute of Technology. Downloaded on [DD Month YYYY]....
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This note was uploaded on 05/15/2010 for the course EKONOMIA Ekonomia taught by Professor Słoński during the Spring '10 term at Uniwersytet Ekonomiczny w Krakowie.
- Spring '10