Multiple Choice
The marginal cost of producing 25 units of a public good is $100. There are two individuals in the society. Person A is willing to pay $40 for 25 units of the public good. If 25 units of the public good are provided, then Person B must be willing to pay
A) $0.
B) $40.
C) $60.
D) $75.
Correct Answer:
Verified
Correct Answer:
Verified
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