Question: In the table below, fill in the numeric answers in the Willingness to Pay (WTP) blanks where indicated. WTPx, WTPy, WTPz represent three different individual's

In the table below, fill in the numeric answers in the "Willingness to Pay" (WTP) blanks where indicated. WTPx, WTPy, WTPz represent three different individual's "willingness to pay".

Q

MC

WTPx

WTPy

WTPz

CollectiveWTP

1

28

24

15

17

2

35

16

9

34

3

37

7

6

27

4

39

12

5

21

5

43

11

4

3

What is the optimal quantity of the public good that should be provided?

a) 1

b) 2

c) 3

d) 4

e) 5

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