Suppose there is a public good, this good would add 50 dollars in benefit to each of the 1000 people living in the clty. At what costs would they agree to build it? O 75000 O 40000 O 25000 O both 40000 and 25000
Suppose there is a public good, this good would add 50 dollars in benefit to each of the 1000 people living in the clty. At what costs would they agree to build it? O 75000 O 40000 O 25000 O both 40000 and 25000
Chapter1: Making Economics Decisions
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![Suppose there is a public good, this good would add 50 dollars in benefit to each of the 1000 people living in the city. At what costs would they
agree to build it?
O 75000
O 40000
O 25000
O both 40000 and 25000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa5f6e974-1061-4870-9d10-9bc8f899c25b%2F40ca81b8-05ab-466a-b6ad-b62eba74498d%2Fbqf2sxe_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Suppose there is a public good, this good would add 50 dollars in benefit to each of the 1000 people living in the city. At what costs would they
agree to build it?
O 75000
O 40000
O 25000
O both 40000 and 25000
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