A demand curve for a public good is determined by:
A. summing vertically the individual demand curves for the public good.
B. summing horizontally the individual demand curves for the public good.
C. combining the amounts of the public good that the individual members of society demand
at each price.
D. multiplying the per-unit cost of the public good by the quantity made available.
Answer: A
Economics
You might also like to view...
The sum of the balances in the current and capital accounts in the balance of payments must equal zero
Indicate whether the statement is true or false
Economics
Private ownership of rivers and lakes will halt all water pollution
a. True b. False Indicate whether the statement is true or false
Economics