Answer the Next Question on the Basis of the Following

question 133

Multiple Choice

Answer the next question on the basis of the following information is for public good.P_a and P_b 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_c) of the public good.Q_s represents the quantity of the public good supplied by government at each of the collective prices.Refer to the information below.If the collective willingness to pay for an additional unit of this public good is $6, then the collective quantity demanded will be:

• A)1 unit and the socially optimal quantity supplied will be 5 units.
• B)2 units and the socially optimal quantity supplied will be 4 units.
• C)3 units and the socially optimal quantity supplied will be 3 units.
• D)4 units and the socially optimal quantity supplied will be 2 units.

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Definitions:

Pressure Differences

Variations in pressure between two areas, which can result in fluid or air movement from the higher pressure area to the lower pressure area.

Endothelium

The single layer of cells lining the blood and lymphatic vessels, heart, and other cavities in the body, instrumental in vascular function.

Simple Squamous

Describes a type of epithelial tissue composed of a single layer of flat cells, playing roles in diffusion and filtration.

Pelvic Area

The pelvic area is the lower part of the torso, enclosed by the pelvic bones and containing the reproductive organs, bladder, and rectum.