There are three groups in a community. Their demand curves for public television in hours of… 1 answer below »

There are three groups in a community. Their demand curves for public television in hours of programming, T, are given respectively by W1 = $200 – T W2 = $240 – T W3 = $320 – 2T Suppose public television is a pure public good that can be produced at a constant marginal cost of $200 per hour.
How much public television would a competitive private market provide?

 

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