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 $25 a piece to produce, who would vote for the purchase of four submarines?
A) both Katie and Bobby
B) Katie only
C) Bobby only
D) nobody

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 $25 a piece to produce, who would vote for the purchase of four submarines?
A) both Katie and Bobby 
B) Katie only 
C) Bobby only 
D) nobody

Quizplus · Accepted Answer

Katie would vote for the purchase of four submarines because her total marginal benefit from four submarines is greater than or equal to the cost ($25 each). Bobby's total marginal benefit from four submarines is less than the cost, so he would not vote for it.

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