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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 8
Problem 8
If three individuals are willing to pay \$2, \$4, and \$6 for a public good, what is the total willingness to pay for this good?
A
\$6
B
\$4
C
\$2
D
\$12
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