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Answer the question based on the following information for a public good. P a and P b are the prices that individuals A and B

Answer the question based on the following information for a public good.PaandPbare the prices that individuals A and B are willing to pay for the last unit of a public good, rather than do without it. These people are the only two members of society.

QPaPb1$ 3$ 5224313402501

The collective willingness of this society to pay for the second unit of this public good is

Multiple Choice

  • $8.
  • $4.
  • $1.
  • $6.
  • $2.

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