Which of the Following Is True in a Lindahl Equilibrium

question 38

Multiple Choice

Which of the following is true in a Lindahl equilibrium for cooperative supply of a pure public good

• A) The sum of the tax shares per unit paid by each consumer is equal to the marginal social cost of the public good.
• B) The sum of the tax shares per unit paid by each consumer is equal to the marginal social benefit of the good.
• C) The sum of the tax shares per unit paid by each consumer is maximized.
• D) both a and b

Grasp the distinction between nominal, ordinal, interval, and ratio levels of data and their uses.

Learn about the purpose and importance of inter-item reliability and intercoder reliability.

Understand the concepts of Likert and semantic differential scales and their application in measuring human communication.

Know the significance of a "true" zero in ratio-level measurement.

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Definitions:

Bank Reconciliation

The procedure of aligning the figures in a company's bookkeeping records for a cash account with the equivalent data on a bank statement.

External Auditors

External auditors are independent accounting professionals who examine the financial statements of an organization to ensure accuracy and compliance with applicable standards and regulations.

Internal Control System

Procedures and policies set by an enterprise to preserve the correctness of its financial and bookkeeping details, advance accountability, and obstruct malicious acts.

Financial Records

Documented information of a business's operations, including income, expenses, assets, and liabilities, used to track financial performance.