The economy's marginal benefit curve for a public good is found by ________ for all individuals.
A) vertically summing the marginal benefit curves
B) vertically summing the total benefit curves
C) horizontally summing the total benefit curves
D) horizontally summing the marginal benefit curves
Question 2
The figure above shows Sam's budget line. Which of the following formulas represents Sam's budget equation?
A) 60.00 = 1.50/Qg + 3.00/Qc
B) 60.00 = Qg /1.50 + Qc /3.00
C) 60.00 = 1.50(Qg) + 3.00(Qc)
D) 60.00 = 1.50(Qg) - 3.00(Qc)
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