Concept
Version 6
Created by Boundless
Demand for Public Goods
Demand for a Public Good
The sum of the individual marginal benefit curves (MB) represent the aggregate willingness to pay or aggregate demand (∑MB). The intersection of the aggregate demand and the marginal cost curve (MC) determines the amount of the good provided.
Source
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"Samuelson condition."
http://en.wikipedia.org/wiki/File:Samuelson_condition.png
Wikipedia
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