-Tom and Jerry are the only members of society. The table above shows their marginal benefits from defence satellites, a public good. What is the marginal benefit to society from the third satellite?
A) $30
B) $6
C) $54
D) $27

Question

-Tom and Jerry are the only members of society. The table above shows their marginal benefits from defence satellites, a public good. What is the marginal benefit to society from the third satellite?
A) $30 
B) $6 
C) $54 
D) $27

Quizplus · Accepted Answer

The marginal benefit to society from a public good is the sum of the marginal benefits to all individuals. For the third satellite, adding Tom's and Jerry's marginal benefits together gives $54.

-Tom and Jerry Are the Only Members of Society