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

Author Question: The diagram below shows the marginal benefit of consuming, and marginal cost of providing, a public ... (Read 419 times)

dongbo

  • Full Member
  • ***
  • Posts: 137
on: Oct 12, 2022

The diagram below shows the marginal benefit of consuming, and marginal cost of providing, a public good. This economy has 3 individuals, A, B and C. The diagram shows the MB for each individual and a summation of their marginal benefits.



FIGURE 16-4

Refer to Figure 16-4. Suppose the optimal amount of this good is provided, but that Individual B was only consuming Q2 units of the good. What would be the marginal cost of Individual B consuming an extra unit of this good?


◦ zero
◦ P4
◦ P4-P2
◦ P2
◦ MB
Microeconomics ¦ Ragan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dongbo on Oct 12, 2022

Nutellas_Good

  • Full Member
  • ***
  • Posts: 156
Reply #1 on: Oct 12, 2022
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


dongbo

  • Member
  • Posts: 137
Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

This diagram shows a cross-section of a solar-type star. This diagram shows a cross-section of a solar-type star.
Soil Texture Diagram Soil Texture Diagram
Treatment of Depression with Ketamine The graph shows the effects of ketamine on symptoms of depress Treatment of Depression with Ketamine The graph shows the effects of ketamine on symptoms of depress
Diagram showing how the translation of the mRNA and the synthesis of proteins are carried out by the ... Diagram showing how the translation of the mRNA and the synthesis of proteins are carried out by the ...
Older Adults Benefit from Good Nutrition and Physical Activity Older adults Older Adults Benefit from Good Nutrition and Physical Activity Older adults
Cost of Going to School Cost of Going to School
Video: Segmentation and migrating motility complexes & Gastroileal reflex

For a complete list of videos, visit our video library