Multiple Choice
The marginal benefit of a public good is the
A) benefit of the last person's consumption.
B) marginal benefit of the individual person who places the lowest value on the good, multiplied by the number of people in the economy.
C) sum of the marginal benefits of all individuals at each quantity.
D) marginal benefit of the individual person who places the highest value on the good, multiplied by the number of people in the economy.
E) average of the marginal benefits of all the individuals at each quantity.
Correct Answer:

Verified
Correct Answer:
Verified
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