b. The mayor proposes financing the center with a lump-sum tax of $24 and then opening the center to the public for free. How many times would each person visit? Calculate the benefit each person would get from the center, measured as consumer surplus minus the new tax

b. The mayor proposes financing the center with a lump-sum tax of $24 and then opening the center to the public for free. How many times would each person visit? Calculate the benefit each person would get from the center, measured as consumer surplus minus the new tax

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter11: Public Goods And Common Resources

Section: Chapter Questions

Problem 6QCMC

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Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.

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I want the problem b ( the second question) to be solved. Thank you very much

b. The mayor proposes financing the center with a lump-sum tax of
$24 and then opening the center to the public for free. How many
times would each person visit? Calculate the benefit each person
would get from the center, measured as consumer surplus minus the
new tax

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