Solved

Public Goods Should Be Provided to the Point at Which

Question 131

Multiple Choice

Public goods should be provided to the point at which the marginal cost of production equals:


A) the maximum price any individual is willing to pay for that unit.
B) the highest marginal benefit from any individual consumer of the good.
C) zero.
D) the sum of the individual marginal benefits from all consumers of that unit.

Correct Answer:

verifed

Verified

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

Related Questions