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Answer the Question on the Basis of the Following Information

Question 212

Multiple Choice

Answer the question on the basis of the following information for a public good. Pa and Pb are the prices that individuals A and B are willing to pay for the last unit of a public good, rather than do without it. These people are the only two members of society.Answer the question on the basis of the following information for a public good. Pa and Pb are the prices that individuals A and B are willing to pay for the last unit of a public good, rather than do without it. These people are the only two members of society.  Suppose government has already produced 4 units of this public good. The amount individual B is willing voluntarily to pay for the fourth unit is A)  $14. B)  $5. C)  $2. D)  $0. Suppose government has already produced 4 units of this public good. The amount individual B is willing voluntarily to pay for the fourth unit is


A) $14.
B) $5.
C) $2.
D) $0.

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