Use the following to answer questions : Scenario: Ben and Nik Ben and Nik are the only members of a community.They have revealed the marginal private benefits they each receive from a public good whose marginal social benefit is known.In addition,the marginal social cost (MSC)of the public good is known and is constant. -(Scenario: Ben and Nik)Use Scenario: Ben and Nik.In the figure,Q₄: A) is the socially optimal level of provision of the public good. B) is equal to P₄ + P₃ in marginal social benefits. C) represents an amount at which the MSB is greater than the MSC. D) will not be produced since neither Ben nor Nik finds any benefit in it at this level.

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Q₄ is the point where marginal social benefit (MSB) is equal to marginal social cost (MSC). This is the socially optimal level of provision of the public good.

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