Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingness- to- pay

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Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingness- to- pay curve for a public good?

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Microeconomics and Behavior

ISBN: 978-0078021695

9th edition

Authors: Robert Frank

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Question Posted: Dec 12, 2014 10:25 AM

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Why are the individual willingness-to-pay curves added vertically, not horizontally, to get the aggregate willingness- to- pay

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The vertical axis expresses the amount that each individ...View the full answer

Microeconomics and Behavior

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