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

question 72

Multiple Choice

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, then the marginal benefit of the 30^th unit is:

• A)$30
• B)$9
• C)$4
• D)$2

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Definitions:

NOS

Network Operating System, software that manages network resources and allows computers within the network to communicate and share resources.

Devices

Electronic or mechanical gadgets designed to perform a specific task or function, often part of a larger system.

Current Standard

The existing norm or specification that has been widely adopted and is considered a benchmark for comparison.

Current Devices

Modern electronic or digital equipment that is currently in use or available in the market.