Katie Bobby

-The above table shows the marginal benefit from submarines for the only two citizens of a country. Submarines are a public good. If submarines cost $300 a piece, what is the efficient quantity to produce?
A) 0
B) 1
C) 2
D) 3

Question

Katie Bobby
 
-The above table shows the marginal benefit from submarines for the only two citizens of a country. Submarines are a public good. If submarines cost $300 a piece, what is the efficient quantity to produce?
A) 0 
B) 1 
C) 2 
D) 3

Quizplus · Accepted Answer

The Answer of Katie Bobby
 
-The above table shows the marginal benefit from submarines for the only two citizens of a country. Submarines are a public good. If submarines cost $300 a piece, what is the efficient quantity to produce?
A) 0 
B) 1 
C) 2 
D) 3

Katie Bobby -The Above Table Shows the Marginal Benefit from Submarines for Benefit