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Suppose the Market Consists of 3 Individuals: Citizen A, Citizen

question 12

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Suppose the market consists of 3 individuals: Citizen A, Citizen B and Citizen C. Suppose the market consists of 3 individuals: Citizen A, Citizen B and Citizen C.   If the good shown on the graphs is a public good, and the marginal cost of providing each unit is constant and equal to $5, then what is the optimal quantity of the public good? A) 50 units B) 40 units C) 30 units D) 20 units If the good shown on the graphs is a public good, and the marginal cost of providing each unit is constant and equal to $5, then what is the optimal quantity of the public good?


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