Economics · Public Finance
Samuelson's condition for the optimal provision of public goods states that the sum of the marginal rates of substitution of all individuals should equal:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The marginal cost of private goods
- 2The marginal utility of income
- 3The average cost of production
- 4The marginal rate of transformation✓
Correct answer
The marginal rate of transformation
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