Figure: an Individual's Marginal Benefit from a Public Good

question 170

Multiple Choice

Figure: An Individual's Marginal Benefit from a Public Good (Figure: An Individual's Marginal Benefit from a Public Good) Look at the figure An Individual's Marginal Benefit from a Public Good.Assume that two individuals will share consumption of a public good; each individual has the same marginal benefit curve as the one shown in the figure.What is the marginal social benefit from four units of the public good?

• A)$0
• B)$8
• C)$16
• D)$32

---

Definitions:

Research Situation

The specific contextual framework or setting in which a study or scientific inquiry is conducted.

One-sample Chi-square

A statistical test that assesses the goodness-of-fit between observed frequencies and expected frequencies in one categorical variable.

One-sample Chi-square Test

A statistical test used to determine if the distribution of categorical variables differs from a hypothesized distribution.

Fisher's Exact Test

A statistical significance test used for small sample sizes, comparing proportions in a 2x2 contingency table.