ECSENOMICS Economies must Choose between 8 Public Goods and Private Goods 14 Figure 1-4 (a) Frontier Society (b) Urban Society Private goods( food....) Private goods(food .. McGraw-Hilllrwin CopyrightC 2001 The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin Copyright © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Economies Must Choose Between Public Goods and Private Goods T-4 Figure 1-4