Consider an economy with three consumers, each with a marginal benefit for a public good of MB = 10–q. What is society’s marginal benefit (MSB) for the public good? Group of answer choices MSB = 10-3q MSB = 30-3q MSB = 10-(1/3)q MSB = 30-(1/3)q None of the above

Consider an economy with three consumers, each with a marginal benefit for a public good of MB = 10–q. If the marginal cost of providing the good is $0 per unit, what is the efficient level of output? [Round your answer to 2 decimal places when needed]

A consumer’s marginal benefit curve (MB) for a good is represented by MB = 181–2q. What is the MB of unit number 9 of the good consumed?

A consumer’s marginal benefit curve (MB) for a good is represented by MB = 190–3q. What is the highest price the individual is willing to pay for unit number 38 of the good?

Suppose John’s income increases from Rs.100 to Rs.200. At Rs.100, he saved Rs.10 and spent the remaining on the purchase of goods and services. At Rs.200, he consumes goods and services worth Rs. 160. What is his Marginal Propensity to consume

Consider an economy with two consumers, each with a marginal benefit for a public good ofMB = 20 – (q/2). If the marginal cost of provision is $16 per unit, what is the efficient level of output?