The Marginal Social Value Curve for a Public Good Is

question 58

Multiple Choice

The marginal social value curve for a public good is the:

• A)MC of producing the good.
• B)total benefit society derives from consuming the good.
• C)horizontal summation of individual demand curves for the good.
• D)vertical summation of individual demand curves for the good.

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Definitions:

Start Button

A graphical control element found in the taskbar of Microsoft Windows operating systems, which opens the Start menu to access programs, files, and settings.

Windows Desktop

A user interface provided by the Windows operating system, consisting of the background, icons for files and applications, and a taskbar.

Close Button

A graphical control element used to dismiss the current view, window, or dialog without making any changes.

Taskbar

A bar usually located at the bottom of the screen on operating systems, providing quick access to open applications and system notifications.