-Tom and Jerry are the only members of society. The table above shows their marginal benefits from defence satellites, a public good. If the marginal social cost of a satellite is $36, the efficient quantity of satellites is
A) 1.
B) 2.
C) 3.
D) 4.

Question

-Tom and Jerry are the only members of society. The table above shows their marginal benefits from defence satellites, a public good. If the marginal social cost of a satellite is $36, the efficient quantity of satellites is
A) 1. 
B) 2. 
C) 3. 
D) 4.

Quizplus · Accepted Answer

The Answer of 
-Tom and Jerry are the only members of society. The table above shows their marginal benefits from defence satellites, a public good. If the marginal social cost of a satellite is $36, the efficient quantity of satellites is
A) 1. 
B) 2. 
C) 3. 
D) 4.

-Tom and Jerry Are the Only Members of Society