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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
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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

User Dean Ransevycz
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Answer: a

Explanation: add than subtract

User Caffeine
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