In the Case of a Public Good, a Demand Curve

question 69

Multiple Choice

In the case of a public good, a demand curve that shows the marginal benefit of the good is:

• A) nonexistent.
• B) the horizontal sum of individual demand curves.
• C) the vertical sum of individual demand curves.
• D) perfectly inelastic.

---

Definitions:

Mood Disorders

A spectrum of psychological conditions characterized by the elevation or lowering of a person's mood, such as depression or bipolar disorder.

Emotional State

The internal condition of a person that involves feelings, moods, and attitudes, which can affect behavior and perception.

Somatoform

A category of mental disorders characterized by physical symptoms that cannot be fully explained by any underlying medical condition.

Bipolar Disorder

A psychiatric condition that is identified by significant mood changes, from highly elevated moods (mania or hypomania) to periods of deep depression.