For a public good, the marginal social benefit is the horizontal summation of each individual's marginal benefit curve.True

Name: For a public good, the marginal social benefit is the horizontal summation of each individual's marginal benefit curve.True
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

For a public good, the marginal social benefit is the vertical summation of each individual's marginal benefit curve, as public goods are non-excludable and non-rivalrous, meaning everyone can benefit simultaneously.

For a Public Good, the Marginal Social Benefit Is the Horizontal