Use the following to answer question:
Figure: An Individual's Marginal Benefit from a Public Good 
-(Figure: An Individual's Marginal Benefit from a Public Good) Use Figure: An Individual's Marginal Benefit from a Public Good.Assume that two individuals will share consumption of a public good;each individual has the marginal benefit curve shown in the figure.If the marginal cost of the good is $24,what is the total benefit of the level of the public good that maximizes society's welfare?
Definitions:
Align Interests
The process of adjusting and coordinating the preferences, incentives, or goals of different parties to achieve mutual understanding or benefit.
Labor Market
The supply and demand for labor, where employers seek to hire labor and workers seek employment.
Compensation Contracts
Agreements that outline the salary, bonuses, and other forms of payment an employee receives from an employer.
Price Ceiling
A regulation that sets the maximum allowable price for a particular good or service, intended to prevent sellers from charging high prices during demand spikes.
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