Multiple Choice
-Paul and Paula are the only members of society. The table above gives their marginal benefits from missile gunboats, a public good. Determine the marginal benefit to society of the fourth missile gunboat.
A) $8 million
B) $4 million
C) $2 million
D) $40 million
E) $1 million
Correct Answer:

Verified
Correct Answer:
Verified
Q23: A good or resource is excludable if<br>A)
Q24: An example of a common resource is<br>A)
Q25: The market price of an individual transferable
Q26: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The figure above
Q27: A public good is _ and _.<br>A)
Q29: A good that is both rival and
Q30: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7671/.jpg" alt=" -The above figure
Q31: The free-rider problem exists because<br>A) some goods
Q32: A public good<br>A) is the same as
Q33: In which of the following cases does