Multiple Choice
Esteban, Mariko, and Greta are the only three people in a community. Esteban is willing to pay $20 for the fifth unit of a public good; Mariko, $15; and Greta, $25. Government should produce the fifth unit of the public good
If the marginal cost is less than or equal to
A) $25.
B) $15.
C) $60.
D) $20.
Correct Answer:
Verified
Correct Answer:
Verified
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