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 quantity of this public good to provide?
A) Q
B) Q1
C) Q2
D) Q3
E) Q4
Correct Answer:
Verified
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