Suppose that the economy is composed of two individuals, A and B. Their respective demand curves for a public good, y, are given by: y_A= 50 - p/2 and y_B= 25 - p. The marginal social value (MSV)function is: A)MSV = 75 - 3p/2. B)MSV = 75 - y. C)MSV = 125 - 3y. D)MSV = 25 + p/2.

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The Answer of Suppose that the economy is composed of two individuals, A and B. Their respective demand curves for a public good, y, are given by: y_A= 50 - p/2 and y_B= 25 - p. The marginal social value (MSV)function is: A)MSV = 75 - 3p/2. B)MSV = 75 - y. C)MSV = 125 - 3y. D)MSV = 25 + p/2.

Suppose That the Economy Is Composed of Two Individuals, a and B