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The state is concerned with maximizing the consumption of certain goods which it deems to be desirable; goods and services where the social benefits exceed the private benefits. Examples are public hospitals, libraries, parks and municipal golf courses.
The state is concerned with maximizing the consumption of certain goods which it deems to be desirable; goods and services where the social benefits exceed the private benefits. Examples are public hospitals, libraries, parks and municipal golf courses.
[[category:economics]]
[[Category:Economics]]