Solution-Economy marginal benefit of the public

Economy marginal benefit of the public

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Suppose a public good is provided in an economy with only two consumers, Popeye and Captain Hook. If Popeye values the public good at $4,000 per year, and Captain Hook values it at $3,000 per year, the economy's marginal benefit of the public good per year is

Reference no: EM131243277

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Economy marginal benefit of the public

Reference no: EM131243277

Reference no: EM131243277

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