Answer this question on the basis of the following information for a public good. pa and pb represent the prices that citizens (a) and (b), the only two people in this nation, are willing to pay for additional units of a quantity (qc) of the public good. qs represents the quantity of the public good supplied by government at each of the collective prices. qc pa pb qs 1 $4 $5 5 2 3 4 4 3 2 4 3 4 2 3 2 5 1 2 1 in equilibrium, the marginal benefit and cost of the public good will be a. $7. b. $6. c. $5. d. $3.

Wanda has graduated from community university (cu) and after nine months has failed to find a job. she graduated with a degree in business, and her college was aacsb accredited. (aacsb accreditation is a specialized accreditation for business schools that evidences a quality program.) in her complaint, she alleges that four years of school and tuition should guarantee a job in the field of study and states that she wants her money back. at no time did cu guarantee job placement, either through express or implied statements. wanda does not disagree with this but still thinks that she was wronged and that it is unfair to graduate and not get a job automatically. cu will be successful in extinguishing wanda's lawsuit if its attorney files a

Case in point 2.4 attaway airlines, part two back at attaway airlines, the morning meeting ended with no agreement between dan esposito and molly kinnon. in fact, a new issue arose. molly now says that the new accounting system is entitled to the highest priority because the federal government soon will require the reporting of certain types of company-paid health insurance premiums. because the current system will not handle this report, she insists that the entire accounting system is a nondiscretionary project. as you might expect, dan is upset. can part of a project be nondiscretionary? what issues need to be discussed? the committee meets again tomorrow, and the members will look to you, as the it director, for guidance.

Which of the following is a problem for the production of public goods?