Multiple Choice
Consider an economy with just two citizens. If Sanjay's marginal benefit from mosquito control is $10 and Anjuli's marginal benefit is $25, then the optimal level of a public good like mosquito control occurs when the marginal cost of mosquito control is:
A) $25.00.
B) $17.50.
C) $10.00.
D) $35.00.
Correct Answer:
Verified
Correct Answer:
Verified
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