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Suppose dext er and amy are the only members of a community that is trying to determine how much of the public good should be produced. dexter's (inverse) demand curve is given by p where p is price or marginal benefit and q is the quantity of the good. the marginal cost of 50- 50, while amy's (inverse) demand curve is given by p 150-150 ng the public good is constant at $80. dexter will vote for the efficient quantity of the public good if the price to him is:
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Suppose dext er and amy are the only members of a community that is trying to determine how much of...
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