The Efficient Output of a Pure Public Good Is Achieved

question 38

Multiple Choice

The efficient output of a pure public good is achieved at the point at which:

• A)the marginal benefit obtained by each consumer equals the marginal social cost of producing the good.
• B)the sum of the marginal benefits of all consumers equals the marginal social cost of producing the good.
• C)the marginal benefit of each consumer equals zero.
• D)the marginal social cost of producing the good is zero.
• E)Both (c) and (d) are correct.

---

Definitions:

Prayer Cloth

A piece of cloth that is typically anointed and prayed over, often used in various religious contexts for healing and blessing.

Muslim

A follower of Islam, a monotheistic Abrahamic religion based on the teachings of the Quran.

Christian Scientist

Christian Scientist refers to a member of the Church of Christ, Scientist, a religion emphasizing healing through prayer and understanding of spiritual reality.

Medical Care

The diagnosis, treatment, and prevention of disease, illness, injury, and other physical and mental impairments in human beings through the application of professional health services.