Answer This Question Based on the Following Information for a Public

question 143

Multiple Choice

Answer this question based on the following information for a public good. Pₐ and Pᵦ represent the prices that citizens (a) and (b) , the only two people in this nation, are willing to pay for additional units of a quantity (Q_c ) of the public good. Qₛrepresents the quantity of the public good supplied by government at each of the collective prices. If only 1 unit of this public good is produced, then the marginal benefit is

• A)$3, and the marginal cost is $9.
• B)$4, and the marginal cost is $7.
• C)$6, and the marginal cost is $3.
• D)$9, and the marginal cost is $3.

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Definitions:

Social Solidarity

The sense of community, shared values, and strong social ties that bind members of a society together.

Collective Bonds

The connections and shared senses of identity and purpose that bind members of a group or community together.

Religious Life

The way of life and practices associated with adherence to spiritual beliefs, rituals, and the pursuit of moral and ethical principles.

Anomie

A societal condition marked by a breakdown of social norms leading to a state of normlessness, where individuals feel disconnected from the collective conscience.