(Table) In the table, P₁ through P₄ are the prices that four consumers are willing to pay for different quantities of a public good. Which graph would represent the total willingness-to-pay for the public good?
$\begin{array}{|c|c|c|c|c|}\hline Q & P_{1} & P_{2} & P_{3} & P_{4} \\\hline 1 & 9 & 8 & 7 & 6 \\\hline 2 & 7 & 6 & 5 & 4 \\\hline 3 & 5 & 4 & 3 & 2 \\\hline 4 & 3 & 2 & 1 & 0 \\\hline\end{array}$

Question

(Table) In the table, P₁ through P₄ are the prices that four consumers are willing to pay for different quantities of a public good. Which graph would represent the total willingness-to-pay for the public good?

\begin{array}{|c|c|c|c|c|}\hline Q & P_{1} & P_{2} & P_{3} & P_{4} \\\hline 1 & 9 & 8 & 7 & 6 \\\hline 2 & 7 & 6 & 5 & 4 \\\hline 3 & 5 & 4 & 3 & 2 \\\hline 4 & 3 & 2 & 1 & 0 \\\hline\end{array}

Quizplus · Accepted Answer

The Answer of (Table) In the table, P₁ through P₄ are the prices that four consumers are willing to pay for different quantities of a public good. Which graph would represent the total willingness-to-pay for the public good? $\begin{array}{|c|c|c|c|c|} \hline Q & P_{1} & P_{2} & P_{3} & P_{4} \ \hline 1 & 9 & 8 & 7 & 6 \ \hline 2 & 7 & 6 & 5 & 4 \ \hline 3 & 5 & 4 & 3 & 2 \ \hline 4 & 3 & 2 & 1 & 0 \ \hline \end{array}$

(Table) in the Table, P1 Through P4 Are the Prices

(Table) in the Table, P₁ Through P₄ Are the Prices