-The table above shows Anita and Steve's marginal benefits for the annual 4ᵗʰ of July fireworks show at City Park.If Anita and Steve are the only two people in the economy and the marginal cost to produce one minute of fireworks is $28,what is the efficient quantity of fireworks?

Question

Quizplus · Accepted Answer

The efficient quantity of fireworks is where the combined marginal benefit of Anita and Steve equals the marginal cost of $28. At 20 minutes, their combined marginal benefit equals $28, making it the efficient quantity.

-The Table Above Shows Anita and Steve's Marginal Benefits for the Annual