Questions
AP Economics-Hillebrand Quiz Micro 6.1-6.3- Requires Respondus LockDown Browser
Single choice
Which of the following is true of the marginal cost of providing a pure public good to one more consumer?
Options
A.It is positive.
B.It is equal to zero.
C.It is equal to the original cost of the good.
D.It decreases as the number of consumers increases.
E.It increases as the number of consumers increases.
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Step-by-Step Analysis
When thinking about a pure public good, the key feature is non-rivalry: one more person consuming the good does not reduce the amount available to others.
Option 1: 'It is positive.' This would imply that supplying the next unit to an additional person costs something in a way that reduces others' consumption, which......Login to view full explanationLog in for full answers
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