Suppose that Scott's demand for a public good is P = 7 - 0.3Q and that Mike's demand is P = 10 - 1.5Q.The marginal cost is $14.At the optimal quantity of provision,the marginal benefit of the public good to Mike is about
A) 1.67 units.
B) 7.49 units.
C) $1.67.
D) $7.50.
E) $14.
Correct Answer:
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