Business

Harrington

19 July, 20:08

lex, Kara, and Susie are the only three people in a community. Alex is willing to pay $20 for the fifth unit of a public good; Kara, $15; and Susie, $25. Government should produce the fifth unit of the public good if the marginal cost is less than or equal toa. $25b. $15 c. $60d. $20

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “lex, Kara, and Susie are the only three people in a community. Alex is willing to pay $20 for the fifth unit of a public good; Kara, $15; ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

A French businessman has a meeting scheduled with a Brazilian to negotiate terms of a joint venture. The Frenchman prepares for the meeting in the way he always does when negotiating with French firms.

Seven essential elements of an effective Compliance Program include: 1. Establishing compliance standards of conduct and procedures 2. Overall compliance program oversight 3. Due care in delegation of authority 4. Monitoring and auditing systems 5.

2. Explain the strengths of a sole proprietorship and wn ngths of a sole proprietorship and who might choose to start this type of business:

Keating Co. is considering disposing of equipment that cost $72,000 and has $50,400 of accumulated depreciation to date. Keating Co. can sell the equipment through a broker for $27,000 less a 10% commission. Alternatively, Gunner Co.

Chicks Corporation had $1,100,000 in invested assets, sales of $1,210,000, income from operations amounting to $302,500, and a desired minimum return of 15%. The residual income for Chicks is

New Questions in Business

What data is most likely to determine the length of time a corpse has been dead?

Firm a is a new producer in the market for good x, which is characterized by linear demand and supply curves. initially, to attract customers, the firm prices its product low at $8 per unit.

When rent control pushes the price of apartments below the market equilibrium, then everyone who would like a rent-controlled apartment will be able to find one. a shortage of the apartments will develop. a surplus of apartments will emerge.

Below is a common problem in which the payments are not the same time period as the interest rate or the time period.

The following data were taken from the records of Action Company and Brown Company: (Data are in thousands) Action Company Brown Company Current assets $15,000 $10,000 Current liabilities $14,500 $5,000 Working capital $500 $5,000 Current ratio 1.