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. If only 1 unit of this public good is produced, then the marginal benefit is: A) $3 and the marginal cost is $9 B) $4 and the marginal cost is $7 C) $6 and the marginal cost is $3 D) $9 and the marginal cost is $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. If only 1 unit of this public good is produced, then the marginal benefit is: A) $3 and the marginal cost is $9 B) $4 and the marginal cost is $7 C) $6 and the marginal cost is $3 D) $9 and the marginal cost is $3

Answer the Question on the Basis of the Following Information