Consider an economy with two consumers, each with a marginal benefit for a public good of MB = 20 - 1/2q.If the marginal cost of provision is $30 per unit, what is DWL in the market outcome?
A)10
B)20
C)30
D)40
E)50

Question

Quizplus · Accepted Answer

The Answer of Consider an economy with two consumers, each with a marginal benefit for a public good of MB = 20 - 1/2q.If the marginal cost of provision is $30 per unit, what is DWL in the market outcome?
A)10
B)20
C)30
D)40
E)50

Consider an Economy with Two Consumers, Each with a Marginal