-The above figure shows the marginal benefit and marginal cost curves for a public good. The quantity that has the BEST prospect of winning in an election by well- informed voters is
A) A.
B) B.
C) C.
D) zero units supplied.

Question

-The above figure shows the marginal benefit and marginal cost curves for a public good. The quantity that has the BEST prospect of winning in an election by well- informed voters is
A) A. 
B) B. 
C) C. 
D) zero units supplied.

Quizplus · Accepted Answer

The quantity that best prospects of winning in an election by well-informed voters is where the marginal benefit equals the marginal cost, which is at point B. This point represents the most efficient allocation of resources for the production of the public good, as it maximizes the net benefit to society.

-The Above Figure Shows the Marginal Benefit and Marginal Cost