A government is trying to decide how much of a public good to provide. The willingness-to-pay curves
Question:
a. What is the optimal quantity of the public good?
b. If both citizens must be taxed equally to provide the good, will it receive a majorityvote?
Transcribed Image Text:
6 B's willingness to pay A's willingness to pay 0 12 3 4 5 6 7 8 9 10 11 12 13 14 15 16
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a The optimal quantity of the public good is 6 the quantity for which ...View the full answer
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