Multiple Choice
Refer to the provided 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 of the public good is at the maximum.
Correct Answer:

Verified
Correct Answer:
Verified
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