Answer:
$300
Explanation:
Given:
Society A
Society B
Society A will pay $140 per unit
Society B will pay $160 per unit
Commonly pay $140 for two units produced.
Computation:
Society will pay total amount for the public goods = $160 + $140
Society will pay the total amount for the public goods = $300
Therefore, $300 Is the total amount paid by society.
Base on my research, the gap that is stated in the problem is the inflationary gap. This is the amount of the real GDP go beyond potential full-employment GDP. Upon eliminating this gap the government forms a policy that will allow the potential GDP to be equal to the real GDP and higher the price level.
Tijuana's actions are an example of
<u> "altruism".</u>
Altruism is carrying on of worry for another's prosperity. Regularly, individuals carry on charitably when they see others in edgy conditions and feel sympathy and a craving to help. Selflessness doesn't generally easily fall into place, since by definition, it expects individuals to slight their very own worries to help other people with no desire for remuneration, however "reciprocal altruism" is a term utilized by evolutionary scholars and analysts to describe the choice to help with a desire that one will get some advantage or result to oneself. Agreeable conduct enabled our predecessors to make due under brutal conditions, despite everything it fills an important need to an exceedingly mind boggling society.
