Homework 6-n

Homework 6-n - ECON 102 Homework Assignment 6 Read these...

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ECON 102 Homework Assignment 6 _______________________________________________________________________ Read these instructions carefully! Carefully answer each of the questions below. You can write or type your answers for the questions EXCEPT ANY GRAPHS MUST BE COMPLETED BY HAND (NOT USING THE DRAWING TOOLS IN WORD OR ANY OTHER PROGRAM). Please put your name and PSU ID number at the top of the 1 st page. You may use as many sheets of paper as you need. When you are finished, scan your entire document (including the parts you typed and the parts done by hand). Save the file on your computer (.PDF format preferred) and then upload it to the ANGEL drop box for this homework assignment. 1. (20 points) Quantity of the public good Willingness to pay of person 1 Willingness to pay of person 2 Society's willingne ss to pay 1 65 35 2 55 25 3 45 15 4 35 5 5 20 0 The table above shows the willingness to pay for various units of a public good for the only two individuals in a society. The willingness to pay is the willingness to pay per unit of the public
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This note was uploaded on 06/22/2011 for the course ECON 102 taught by Professor Clifford during the Spring '11 term at Penn State.

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Homework 6-n - ECON 102 Homework Assignment 6 Read these...

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