The Market Demand Curve for a Public Good

question 119

Multiple Choice

The market demand curve for a public good:

• A)is derived in the same manner as demand curves for private goods.
• B)is derived by horizontally summing all individual demand curves.
• C)shows the total value that all individuals place on each unit of the good.
• D)shows the total number of units that would be produced by the private sector at each possible price.

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