microeconomics. answer for d and e d. Calculate the prices to be paid by individuals A (PA) and B (PB), respectively.PA = RM__; PB = RM_e. Calculate the total quantity of public goods produced (G') assuming individual B is a freerider.G' =unit(s) The demand functions of individual A and B for a public good (G) is given by:PA = 500-2G&PB = 200 -0.8Gwhere, P = price offered by each individual (RM) and G = units of public goods. Suppose themarginal cost (MC) to produce G is constant, RM250.a. Derive the aggregate demand equation for the above public good.

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d. Calculate the prices to be paid by individuals A (PA) and B (PB), respectively. PA = RM_ _; PB = RM_ e. Calculate the total quantity of public goods produced (G') assuming individual B is a free rider. G' = unit(s)

d. Calculate the prices to be paid by individuals A (PA) and B (PB), respectively. PA = RM_ _; PB = RM_ e. Calculate the total quantity of public goods produced (G') assuming individual B is a free rider. G' = unit(s)

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter4: Markets In Action

Section: Chapter Questions

Problem 19SQ

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