Refer to the information given in Table 16.8 below to answer the question that follows.
Table 16.8
-Refer to Table 16.8. Assume that the marginal cost of hiring a police officer is $120. If A and B are the only two people in the society, the optimal number of police officers is
A) 1.
B) 2.
C) 3.
D) indeterminate from this information.
Correct Answer:
Verified
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