The Market Demand for a Public Good Can Be Determined

question 6

Multiple Choice

The market demand for a public good can be determined by

• A)adding up the total private benefits and external benefits that each quantity provides the citizens of a country.
• B)adding up how much each citizen expects to consume at each possible price.
• C)adding up how much each consumer is willing to pay for each unit of the public good.
• D)estimating the value of the benefit that each unit provides and multiplying that by the number of consumers.

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Definitions:

Sudden Infant Death Syndrome

An unexplained death, usually during sleep, of a seemingly healthy baby less than a year old, also known as crib death.

Biofeedback

A technique that involves using electronic monitoring to train individuals to gain control over involuntary bodily functions.

Quiet Sleep

A phase of sleep characterized by the absence of motor activity and reduced sensory responsiveness, often associated with non-REM sleep stages.

Low-Pitched Crying

The vocalization of distress or discomfort by infants with a lower frequency or tone, which may indicate different needs or levels of distress compared to high-pitched crying.