What is the optimal quantity of a public good and give three example of public goods we pay taxes for

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asked Oct 1, 2021 27.0k views

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Sodved · Answer 1 · 2021-10-06T14:48:12+0000

Answer:

What is the optimal quantity of a public good?

The optimal quantity of the public good occurs where society's marginal benefit (MB) equals provider's marginal cost (MC), or where the 2 curves intersect. When MC = MB the resources have been allocated efficiently.

What are three examples of public goods we pay taxes for?

1. Roads

2. Beaches

3. Parks

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What is the optimal quantity of a public good and give three example of public goods we pay taxes for

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