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Answer the Next Question on the Basis of the Following

question 61

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Answer the next question on the basis of the following information is for public good.Pa and Pb represent the prices that citizens (a) and (b) , the only two people in this nation, are willing to pay for additional units of a quantity (Qc) of the public good.Qs represents the quantity of the public good supplied by government at each of the collective prices.If only 1 unit of this public good is produced, then the marginal benefit is: Answer the next question on the basis of the following information is for public good.P<sub>a</sub> and P<sub>b</sub> represent the prices that citizens (a)  and (b) , the only two people in this nation, are willing to pay for additional units of a quantity (Q<sub>c</sub>)  of the public good.Q<sub>s</sub> represents the quantity of the public good supplied by government at each of the collective prices.If only 1 unit of this public good is produced, then the marginal benefit is:   A) $3 and the marginal cost is $9. B) $4 and the marginal cost is $7. C) $6 and the marginal cost is $3. D) $9 and the marginal cost is $5.


Definitions:

CJD

Creutzfeldt-Jakob Disease, a rare, degenerative, invariably fatal brain disorder marked by rapid cognitive decline and caused by prions.

Papovaviruses

A group of DNA viruses, known to cause diseases in humans and animals, including papillomas, polyomas, and vacuolating viruses.

Nucleic Acid

A macromolecule composed of nucleotide chains, which includes DNA and RNA, fundamental for the storage and transmission of genetic information.

Enveloped Viruses

Viruses that possess an outer lipid membrane (envelope), which often plays a role in the infectious process.

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