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Public Goods: Demand Curve and Optimal Quantity
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Public Goods: Demand Curve and Optimal Quantity
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8. The Types of Goods / Public Goods: Demand Curve and Optimal Quantity / Problem 5
Problem 5
If Jane is willing to pay \$6 for a public park and Bob is willing to pay \$4, what is the total value society places on the park?
A
\$2
B
\$6
C
\$10
D
\$4
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