A Public Good That Would Benefit Karen,Tammy,and Max Has a One

question 44

Multiple Choice

A public good that would benefit Karen,Tammy,and Max has a one time installation cost of $900.These three voters must approve any tax plan by simple majority and all three will cast a vote. $$\begin{array} { | c | c | c | } \hline \text { VOTER } & \text { RESERVATION PRICE } & \text { INCOME } \\\hline \text { Kris } & \$ 100 & \$ 1000 \\\hline \text { Taylor } & \$ 200 & \$ 5000 \\\hline \text { Max } & \$ 700 & \$ 6000 \\\hline\end{array}$$
The net social benefit of providing the public good is

• A)$100.
• B)$700.
• C)$900.
• D)$1,000.

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Definitions:

Societal Forces

The various external influences, such as cultural norms, laws, and population dynamics, that affect individuals and shape society.

Institutional Arrangements

The complex relationships and organization of institutions within a society that shape social, economic, and political activities.

Vaginismus

A condition involving involuntary contraction of the vaginal muscles, making intercourse or any form of vaginal penetration painful or impossible.

Nondemand Manner

A communication approach that avoids pressuring or demanding responses from others.