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wutai Natoid Pahs or a
public good is the sense that
they are non ist od non exchebble andAoife are feels
available resources for anyone to use Haw itcould
be argued At siree National Parks are not easilyaccessible
and tend to be located is large nature reserves
Watford
away
fromurban centers parks are inaccessible E
those ithent adequate means to travel or relocate to

go
and use them In this sense Nationalpoles or
inherentlyexchdableand not publicgoods S
inlay overuse

ofcommas
parks damages then in the analogs
ofEngelsof As
making it an ogresb rid good andnon public
ProblemI
u Cc h LE e to Y where o r eLoD c t pt T

Marshall's constrained mainvisatis

L Cc b H LET E t dG c
pt
Y
i
Foc y CE et o E i o
 y

Koe gleet J to E p.to

Y c pet 0

E
cE p
Ep
i
y Etp pet

E o p
p p p

Hicksian construed minimisation

r
LG till apt ALO Loreto

FOC I d Lycett ToE o

d Etter ot o
p
EE J Lott o

E t p
f IIT
 P l

Ep to Y O

to PE 15 t 0

E T
f
p
p p p g

Indirect Utilityfunction plugMashettindemand intotittyfetes

Cp Y CEE E'T
p
ftp.T ifppt
Expenditure fretin plugHikari demand to costfretin

e Cp UT E t pE

p
fp y pfp y

2 Change in CS
 I hange
p p
da Lbgx LoIbgLses
a
Y
log E

3 Mario wald
pay
the
Equivalent Variate

EV e Cp v Cg y
y
Ev
ht t f
4 8he shold misuse inane bythe compensate'sVariation

CV y l l v
g py
e

i t a
5 3and 4 are in a regimental fan ostlyeach use
the indirectvalve frets nestedwithintheexpediter
 undout fuels keepedh
friction
6a n Cc H Le y c E re

Llc t il te a Lt ret H Y c pH
i Foc a yc ft AI it o

d 4 It rt c za pl o

0 Y c t o
p

t al Lt Cc KY p a Ct H
of
U al e
rel p a Ct re

t't Y Y
Rft se

isolate t T
use Y c ept t find it is tens
of 4

Hubris Daad

Llc t il c i
pt x O K od Ct a
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FOC I d ace ref Ct ret o

p da a Ct ret Le ra t o

1
P
ace ref Ct rel e a Ct ret Le ray
1
Lt rel PaU 4 Lc 84
i

f G x c ye
re
PT
o LE KYLE y
settle d isolate for intersofo
substith Elite expressions for Hinters of
E for C is tons of o

Indictuthts
abstitte End for Marshall's dead
into ulc.tl E yay LE ret
 L y al U rel

Expeditufnetisubsttte
E and t
from Hicks's dead its
cost futo's Ee p H

Gb dx stand is

J
Marshall's Et here is a

wid b fop

64 Luigi wld be willing to paythe Equivalet

Variation which is
p v q g ISusing expediter
e

and indirect
titty functions above
6d Luigi's father wld paythe CopensatisVariates
e C v l
g g py
Probbis
1 ulw.ee ceflogCw

T.xlcefbgc
Bs.t.pf NHI qc
YLLw.ci
ctfbgLw tdLY pCw NHI gel
Foc
ftf Xp _o

1 dq o

NH
Y par quo

i
tf Ep

i u i E Y p
qpf q
Y p aI N

or
Y
qftpNHq
 q

Therefore Ay baykall qpI NH ofw

Y NH
theybuy qpI of w
2
may ghb p 3
Foc G p o w
Np
TF qlnCw put
q blog g
3 Y q blog g
NH NH
apt afp of f B
i v
t

of NHC
r

tf

flood I t IH HHo
4 mgE a s
pf NH
eq c

ke w H upbyCw X
pf NH
tq c AH HA

FOC I dq o
 oc 9

few wk Xp O

pf NH
fq c IH H't o

I
to Ep gpd

NH E C H H
P Cgpf x
g
o

C H H NH g f
g E p
E pNHtgqf t L H H I

5 When zero risks and cakes are boughtIsold

9pd NH oB_t
pNH'q CLA H't cut H't

I do not turn In to solvefor optialH intensoferogenous

variables but cold would
od
if I
is tens
I apressias for a
w
of NH and rearing to isolate apt
is
6 n w c w ers

melee of sit
put auf AH f o

LG c d if X Y pw get qAH

FOC wa t
of Ip o

fief doo o

sniff fwd
q

apI f
r

of pfw
x N

AH 0
put eqcpf.IN
Alt o
putt pfw q

wth qAHy
put E
c't faith
que
Ea
 q

7 set from 5 ad 6 b be equaland

isolate
for opt