Alex, Kara, and Susie Are the Only Three People in a Community

question 92

Multiple Choice

Alex, Kara, and Susie are the only three people in a community. Alex is willing to pay $20 for the fifth unit of a public good; Kara, $15; and Susie, $25. Government should produce the fifth unit of the public good if the marginal cost is less than or equal to

• A) $25.
• B) $15.
• C) $60.
• D) $20.

---

Definitions:

Brand's Website

The official online presence of a brand, designed to provide information, facilitate sales, and engage with its audience.

Previous Exposure

Refers to the prior encounter or experience an individual has had with a product, service, brand, or content, which can influence their future interactions or perceptions.

SMROI

Social Media Return on Investment, a measure used to evaluate the efficiency of a social media campaign or strategy.

Social Media Marketing

The practice of using social media platforms to promote a product, service, or brand to a wider audience.