Refer to the Provided Supply and Demand Graph for a Public

question 238

Multiple Choice

Refer to the provided supply and demand graph for a public good. Point c on the graph shows where the

• A) total benefit equals the total cost of the public good.
• B) marginal benefit equals the marginal cost of the public good.
• C) average benefit equals the average cost of the public good.
• D) total benefit of the public good is at the maximum.