Suppose that Mick and Cher are the only two members of society and are willing to pay $10 and $6, respectively, for the third unit of a public good. Also, assume that the marginal cost of the third...

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Extracted text: Suppose that Mick and Cher are the only two members of society and are willing to pay $10 and $6, respectively, for the third unit of a public good. Also, assume that the marginal cost of the third unit is $17. We can conclude that Multiple Choice 4 units should be produced. the third unit should not be produced. the third unit should be produced. just the second unit should be produced.