This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The efficient quantity of a pure public good occurs when the marginal cost of producing that good ... (Read 135 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jul 1, 2018
The efficient quantity of a pure public good occurs when the marginal cost of producing that good equals the
 
  A) marginal benefit to the median voter.
  B) marginal benefit to each individual.
  C) sum of all individual marginal benefits.
  D) sum of all individual marginal benefits divided by the number of voters.

Question 2

The total demand for a public good is found by
 
  A) horizontally summing all individual demands.
  B) vertically summing all individual demands.
  C) finding the demand from the median voter.
  D) dividing the marginal cost of the good by the number of voters.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly


tiara099

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jul 1, 2018
Thank you :)


skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Reply #3 on: Jul 1, 2018
Happy to help you


« previous next »
 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Feral Rock Pigeons are common pests in public spaces in cities Feral Rock Pigeons are common pests in public spaces in cities
Letter from a Person with Pure Alexia Letter from a Person with Pure Alexia
Early in the twentieth century, when malnutrition was common, companies such as this one advertised Early in the twentieth century, when malnutrition was common, companies such as this one advertised
Good body mechanics for lifting heavy objects. Good body mechanics for lifting heavy objects.
Vegetable oils are good sources of essential fatty acids Vegetable oils are good sources of essential fatty acids
Postreplication repair occurs if DNA replication Postreplication repair occurs if DNA replication
Video: Power Supply Polyacrylamide Gel Protein Sample

For a complete list of videos, visit our video library