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1.12 The table below shows the marginal benefit and marginal cost of purchasing an additional unit of 3 different public goods. Total economic surplus could
1.12 The table below shows the marginal benefit and marginal cost of purchasing an additional unit of 3 different public goods. Total economic surplus could be increased by reallocating total spending away from Marginal benefit Marginal cost Total spending on the public good Public good 1 $ 20 $ 20 $ 1,500 Public good 2 15 25 800 Public good 3 10 5 700 A. public good 3 toward public good 1 B. public good 2 toward public good 3 C. public good 2 toward public good 1 D. public good 1 toward public good 3 show work, thank you
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