Multiple Choice
Which of the following represents an efficient quantity of a public good? The quantity at which the
A) marginal cost of production is minimized.
B) number of free riders is maximized.
C) marginal benefit minus marginal cost is minimized.
D) marginal benefit is equal to the marginal cost.
E) marginal benefit exceeds the marginal cost by the maximum amount possible.
Correct Answer:

Verified
Correct Answer:
Verified
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