The Efficient Quantity of a Pure Public Good Occurs When

question 85

Multiple Choice

The efficient quantity of a pure public good occurs when the marginal cost of producing that good equals the

• A) marginal benefit to the median voter.
• B) marginal benefit to each individual.
• C) sum of all individual marginal benefits.
• D) sum of all individual marginal benefits divided by the number of voters.

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Definitions:

Scapula

The shoulder blade, a flat, triangular bone located at the back of the shoulder, serving as an important site for muscle attachment.

Patella

Kneecap.

Medial Malleolus

The bony protrusion on the inner side of the ankle, part of the distal end of the tibia bone.

Ankle Joint

A hinge joint that connects the foot and the leg, allowing up and down movement.