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  3. Study Set
    Foundations of Macroeconomics
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    Exam 11: Public Goods and Common Resources
  5. Question
    -Paul and Paula Are the Only Members of Society
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-Paul and Paula Are the Only Members of Society

Question 3

Question 3

Multiple Choice

  -Paul and Paula are the only members of society.The table above gives their marginal benefits from missile gunboats,a public good.Determine the marginal benefit to society of the fourth missile gunboat. A)  $8 million B)  $4 million C)  $2 million D)  $1 million E)  $40 million
-Paul and Paula are the only members of society.The table above gives their marginal benefits from missile gunboats,a public good.Determine the marginal benefit to society of the fourth missile gunboat.


A) $8 million
B) $4 million
C) $2 million
D) $1 million
E) $40 million

Correct Answer:

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