Why Is Society's Marginal Social Benefit Curve for a Public

question 72

Essay

Why is society's marginal social benefit curve for a public good found by vertically summing individual marginal benefit curves and not by horizontal summation as is the case for private goods?

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Definitions:

Social Behavior

Involves how individuals interact with each other within a society, including cooperation, aggression, and communication.

Dissertation

A long piece of academic writing based on original research, typically submitted as part of a doctoral degree.

PhD

A Doctor of Philosophy degree, a postgraduate academic degree awarded by universities to individuals who have completed advanced research in a specific field.

Internship

A period of work experience offered by an organization for a limited period of time, often used by students to gain relevant skills and experience in a particular field.