What Are the Five Largest Cities in Megalopolis

question 16

Multiple Choice

What are the five largest cities in Megalopolis?

• A)New York,Philadelphia,Levittown,Pittsburg,Boston
• B)New York,Philadelphia,Washington,Boston,Baltimore
• C)New York,Washington,Boston,Baltimore,Concord
• D)New York,Philadelphia,Washington,Boston,Concord

---

Definitions:

Total Willingness to Pay

The maximum amount an individual or group is willing to pay for a good or service, reflecting the total value they derive from it.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone and one person's use does not reduce availability to others, examples include public parks and national defense.

Nonrival Consumption

A characteristic of certain goods where the consumption by one individual does not reduce availability to others, typical of public goods.

Nonexcludable

A characteristic of a good or service that does not allow the provider to prevent its use by individuals who have not paid for it.