At the Optimal Quantity of a Public Good

question 238

Multiple Choice

At the optimal quantity of a public good,

• A)marginal benefit exceeds marginal cost by the greatest amount.
• B)total benefit equals total cost.
• C)marginal benefit equals marginal cost.
• D)marginal benefit is zero.

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Definitions:

Apnea

A temporary cessation of breathing, especially during sleep, which can be indicative of several health issues.

Stimulus for Breathing

Factors or conditions that trigger the respiratory system to initiate the act of breathing, such as increased carbon dioxide levels.

Purified Protein Derivative (PPD)

A substance used in a tuberculin skin test (TST) to detect tuberculosis infection.

Tuberculosis (TB)

A contagious bacterial infection caused by Mycobacterium tuberculosis, primarily affecting the lungs but may spread to other organs.