Answer the question on the basis of the following information is for public good. P_a and P_b represent the prices that citizens (a) and (b), the only two people in this nation, are willing to pay for additional units of a quantity (Q_c) of the public good. Q_s represents the quantity of the public good supplied by government at each of the collective prices. Refer to the above information. In equilibrium, the marginal benefit and cost of the public good will be: A) $7 B) $6 C) $5 D) $3

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The Answer of Answer the question on the basis of the following information is for public good. P_a and P_b represent the prices that citizens (a) and (b), the only two people in this nation, are willing to pay for additional units of a quantity (Q_c) of the public good. Q_s represents the quantity of the public good supplied by government at each of the collective prices. Refer to the above information. In equilibrium, the marginal benefit and cost of the public good will be: A) $7 B) $6 C) $5 D) $3

Answer the Question on the Basis of the Following Information