Consider a society with 500 people. Each person has a demand function for a public good that
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Question:
Consider a society with 500 people. Each person has a demand function for a public good that is equal to P=100-Q. The marginal cost of providing unit of the public good is MC=10000. The government should provide
Group of answer choices
1. 8 units
2. 0 units
3. 50 units
4. 80 units
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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