Solved

The Efficient Price to Charge Consumers for Their Use of a Public

Question 14

Multiple Choice

The efficient price to charge consumers for their use of a public good is


A) equal to the average per-person cost of providing this good.
B) equal to the cost of providing the good to one additional consumer.
C) equal to the highest individual marginal benefit from consuming a unit of the good.
D) that price that prevents free riding by some consumers.
E) equal to the price that the free market would achieve.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions