Suppose a Public Good Is Provided in an Economy with Only

Multiple Choice

Suppose a public good is provided in an economy with only two consumers, Popeye and Captain Hook. If Popeye values the public good at $4,000 per year, and Captain Hook values it at $3,000 per year, the economy's marginal benefit of the public good per year is

A) $4,000.
B) $1,000.
C) $7,000.
D) $3,000.
E) $12,000.