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Refer to the Supply and Demand Graph for a Public

Question 51

Multiple Choice

Refer to the supply and demand graph for a public good.Point c on the graph shows where the: Refer to the supply and demand graph for a public good.Point c on the graph shows where the: A) total benefit equals the total cost of the public good. B) marginal benefit equals the marginal cost of the public good. C) average benefit equals the average cost of the public good. D) total benefit equals the marginal cost of the public good.


A) total benefit equals the total cost of the public good.
B) marginal benefit equals the marginal cost of the public good.
C) average benefit equals the average cost of the public good.
D) total benefit equals the marginal cost of the public good.

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