Alex, kara, and susie are the only three people in a community and alex is willing to pay $20 for the 5th unit of a public good; kara, $15, and susie, $25. government should produce the 5th unit of the public good if the marginal cost is less than or equal to:
a.$25.
b.$15.
c.$300.
d.$60.
Answers: 1
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Alex, kara, and susie are the only three people in a community and alex is willing to pay $20 for th...
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