-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 $54, the efficient quantity of satellites is
A) 0.
B) 1.
C) 2.
D) 3.

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 $54, the efficient quantity of satellites is
A) 0. 
B) 1. 
C) 2. 
D) 3.

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 $54, the efficient quantity of satellites is
A) 0. 
B) 1. 
C) 2. 
D) 3.

-Tom and Jerry Are the Only Members of Society