Exhibit 14.2

-Refer to Exhibit 14.2,which shows the marginal cost and the marginal benefit of information curves.Where is knowledge freely available?

Question

Exhibit 14.2
 
-Refer to Exhibit 14.2,which shows the marginal cost and the marginal benefit of information curves.Where is knowledge freely available?

Quizplus · Accepted Answer

Knowledge is considered freely available at the point where the marginal cost of obtaining information is zero, which is represented by the point where the marginal cost curve intersects the y-axis.

Exhibit 14.2 -Refer to Exhibit 14.2,which Shows the Marginal Cost and the Marginal