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Given the Individual Demand Curves for a Good,the Marginal Benefit

Question 108

Multiple Choice

Given the individual demand curves for a good,the marginal benefit for a particular level of output __________ if the good is a public good.


A) will be smaller
B) will be the same as for a private good
C) will be larger
D) will be twice as large
E) may be larger or smaller;cannot say without more information

Correct Answer:

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