162k views
2 votes
Assume there are two people in a society. Person A is willing to pay $50 to have one unit of a public good produced. Person B is willing to pay $60 to have one unit of a public good produced and $50 to have two units produced. A point on the market demand curve for this public good would be: at price of _____ quanitity demanded would be ______.

a. $50; 3
b. $100; 3
c. $100; 1
d. $110; 1

1 Answer

4 votes

Answer: a

Explanation: add than subtract

User Caffeine
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories