If the Government Is Supplying a Public Good,the Efficient Quantity

question 41

Multiple Choice

If the government is supplying a public good,the efficient quantity is where:

• A)the marginal social benefit equals the cost.
• B)the total social benefit equals the cost.
• C)the marginal social benefit is greater than the cost.
• D)the total social benefit outweighs the total cost.

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Definitions:

Ventricles

Chambers within the heart or brain that have specific functions, such as pumping blood in the case of the heart or storing cerebrospinal fluid in the case of the brain.

Circuit

An electrical circuit is a path in which electrons from a voltage or current source flow.

Widening

The process of making something broader or more expansive in size, scope, or extent.

Blood Pressure

The force that circulating blood exerts against the walls of blood vessels.