The diagram below shows the marginal benefit and marginal cost of a public good.This economy has 3 individuals,A,B and C.The diagram shows the MB for each individual and a summation of their marginal benefits.
FIGURE 16- 4
-Refer to Figure 16- 4.What is the optimal provision of this public good?

Question

The diagram below shows the marginal benefit and marginal cost of a public good.This economy has 3 individuals,A,B and C.The diagram shows the MB for each individual and a summation of their marginal benefits.
  FIGURE 16- 4
-Refer to Figure 16- 4.What is the optimal provision of this public good?

Quizplus · Accepted Answer

The Answer of The diagram below shows the marginal benefit and marginal cost of a public good.This economy has 3 individuals,A,B and C.The diagram shows the MB for each individual and a summation of their marginal benefits.
  FIGURE 16- 4
-Refer to Figure 16- 4.What is the optimal provision of this public good?

The Diagram Below Shows the Marginal Benefit and Marginal Cost