Say a Public Good Is Provided to Two Consumers: John

question 35

Multiple Choice

Say a public good is provided to two consumers: John and Jill. John's willingness to pay for the good is P = 10 - Q, and Jill's is P = 20 - 2Q. The marginal cost to provide the good are 2Q. Assume the government must pay for providing this good by taxing Jill and John equally to raise the necessary revenue. If the total costs of providing the public good are $25, then

• A)both Jill and John would be willing to vote to approve of providing the good.
• B)only Jill would be willing to vote to approve of providing the good.
• C)only John would be willing to vote to approve of providing the good.
• D)neither Jill nor John would be willing to vote to approve of providing the good.

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Definitions:

Cervical Enlargement

The thickening of the spinal cord in the neck region.

Sensory Tracts

Pathways in the nervous system that transmit sensory information from the peripheral body parts to the brain.

Cerebral Hemispheres

The two halves of the brain, divided by the longitudinal fissure, each controlling the opposite side of the body and responsible for different cognitive and physical functions.

Thalamus

A part of the brain that acts as a relay center, conveying sensory information to the appropriate areas of the brain for processing.