Question: please kindly solve this problem Assignment 2 Public Finance S. Go Assignment 2 Please save your answers in PDF format and submit it to e-class.
please kindly solve this problem

Assignment 2 Public Finance S. Go Assignment 2 Please save your answers in PDF format and submit it to e-class. Write your name and ID number on the top of the front page. Elaborate on your answers. Suppose a society with two people, Dooley and Kildong, and a public good, Bab. Their marginal willingness to pay schedules at quantity Q of Bab are given as follows. Dooley: MWTP =5-Q if Q 6.5? 4. What is the supply curve of Bab? 5. What is the efficient level of Bab production? 6. Would the efficient level of Bab production be achieved in the competitive market
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
