Market demand for public goods is sometimes better referred to as the _____ curve.

Name: Market demand for public goods is sometimes better referred to as the _____ curve.
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Question

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Willingness-to-pay is the maximum amount that individuals are willing to pay for a good or service. In the case of public goods, the willingness-to-pay curve represents the total amount that individuals are willing to pay for a given level of the public good.

Market Demand for Public Goods Is Sometimes Better Referred to as the _____