Question

    Which of the following is correct?

    A Individual demand curves added up horizontally to find the societal demand curve in the case of a public good. Correct Answer Incorrect Answer
    B Individual demand curves added up vertically to find the societal demand curve in the case of a public good. Correct Answer Incorrect Answer
    C Individual demand curves can be added up vertically or horizontally to find the societal demand curve in the case of a public good. Correct Answer Incorrect Answer
    D All of these Correct Answer Incorrect Answer

    Solution

    Individual demand curves added up vertically to find the societal demand curve in the case of a public good.

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