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    Foundations of Macroeconomics
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    Exam 11: Public Goods and Common Resources
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    For a Common Resource,the Marginal Private Benefit of the Resource
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For a Common Resource,the Marginal Private Benefit of the Resource

Question 28

Question 28

Multiple Choice

For a common resource,the marginal private benefit of the resource is


A) greater than the marginal social benefit.
B) equal to the marginal social benefit.
C) less than the marginal social benefit.
D) not comparable to the marginal social benefit.
E) not defined because the resource is nonexcludable.

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