Business, 01.07.2020 15:01 peaceouthjkdrb2398

Pa and Pb represent the prices that citizens (a) and (b), the only two people in this nation, are willing to pay for additional units of quantity(Qc) of the public good. Qs represents the quantity of the public good supplied by the government at each of the collective prices. Refer to the information below. if the collective willingness to pay for an additional unit of this public good is $6, then the collective quantity demanded will be :.
Qc Pa Pb Qs
1 $4 $5 5
2 3 4 4
3 2 4 3
4 2 3 2
5 1 2 1
a) 4 units and the socially optimal quantity supplied will be 2 units
b) 1 unit and the socially optimal quantity supplied will be 5 units
c) 2 units and the socially optimal quantity supplied will be 4 units
d) 3 units and the socially optimal quantity supplied will be 3 units

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 21:30

In its 2016 annual report, caterpillar inc. reported the following (in millions): 2016 2015 sales $38,537 $47,011 cost of goods sold 28,309 33,546 as a percentage of sales, did caterpillar's gross profit increase or decrease during 2016? select one: a. gross profit increased from 26.8% to 28.6% b. gross profit decreased from 28.6% to 26.5% c. gross profit increased from 71.4% to 73.2% d. gross profit decreased from 73.2% to 71.4% e. there is not enough information to answer the question.

Answers: 2

Answer

Business, 21.06.2019 22:40

Which economic indicators are used to measure the global economy? check all that apply. a. purchasing power parity b. trade volumes c. spending power parity d. labor market data e. gross domestic product f. trade deficits and surpluses

Answers: 3

Answer

Business, 22.06.2019 15:40

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?

Answers: 1

Answer

Business, 22.06.2019 17:20

Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?

Answers: 1

Answer

You know the right answer?

Pa and Pb represent the prices that citizens (a) and (b), the only two people in this nation, are wi...

Questions