MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... benefit curve 60 40 Marginal benefit ( dollars per laser ) 20 140 120 Marginal benefit ( dollars per laser ) 100 80 T 60 Lisa 40 20 Max MB M 0 1 2 3 MB 1 2 4 5 3 Quantity ( number of lasers ) ( b ) Max's marginal benefit curve 4 5 ...
... benefit curve 60 40 Marginal benefit ( dollars per laser ) 20 140 120 Marginal benefit ( dollars per laser ) 100 80 T 60 Lisa 40 20 Max MB M 0 1 2 3 MB 1 2 4 5 3 Quantity ( number of lasers ) ( b ) Max's marginal benefit curve 4 5 ...
˹éÒ 523
... benefit curve of a public good , we sum the marginal benefit of each individual at each quantity of provision . That is , we sum the individual marginal benefit curves vertically . The resulting marginal benefit for the economy ...
... benefit curve of a public good , we sum the marginal benefit of each individual at each quantity of provision . That is , we sum the individual marginal benefit curves vertically . The resulting marginal benefit for the economy ...
˹éÒ 524
... benefit and total cost ( billions of dollars ) 75 50 35 Net benefit $ 20 billion 15 0 1 2 3 4 5 TB TC ( billions of dollars per laser ) Marginal benefit and marginal cost 20 12.5 10 Point of allocative efficiency MC MB 0 1 2 3 4 5 ...
... benefit and total cost ( billions of dollars ) 75 50 35 Net benefit $ 20 billion 15 0 1 2 3 4 5 TB TC ( billions of dollars per laser ) Marginal benefit and marginal cost 20 12.5 10 Point of allocative efficiency MC MB 0 1 2 3 4 5 ...
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