The demand curve for a public good is also called the
A)total welfare curve.
B)marginal social benefit curve.
C)total social benefit curve.
D)total willingness-to-pay curve.

Question

Quizplus · Accepted Answer

The demand curve for a public good is also called the marginal social benefit curve because it represents the willingness of society to pay for an additional unit of the public good, taking into account the benefits received by all individuals in society. The other options are not accurate descriptions of the demand curve for a public good.

The Demand Curve for a Public Good Is Also Called