Suppose in a Country There Are Only Two Persons

question 89

Multiple Choice

Suppose in a country there are only two persons.Person A is willing to pay $50 to have one unit of a public good produced;person B is willing to pay $60 to have one unit of a public good produced and $50 to have two units produced.A point on the country's marginal social benefit curve for this public good is a price of ________ and quantity demanded of ________.

• A)$50;1 unit
• B)$60;1 unit
• C)$110;2 units
• D)$110;1 unit
• E)$55;1 unit

---

Definitions:

Vectors

A class in Java similar to ArrayList, but synchronized, allowing it to be thread-safe at the cost of performance overhead.

Arrays

Structures that hold multiple values of the same type, allowing efficient storage and access by using an index.

HashMap Object

A data structure in Java that implements the Map interface, storing key-value pairs and allowing efficient data retrieval by key.

Retrieve

To retrieve means to obtain data or information from a specific source, such as a database or a file system, often for processing or display.