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How Can the Market Demand for a Public Good Be

Question 79

Multiple Choice

How can the market demand for a public good be determined?


A) By adding up the total private benefits and external benefits that each quantity provides the citizens of a country.
B) By adding up how much each citizen expects to consume at each possible price.
C) By adding up how much each consumer is willing to pay for each unit of the public good.
D) By estimating the value of the benefit that each unit provides and multiplying that by the number of consumers.

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