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Consider a Town with Three Residents

Question 71

Multiple Choice

Consider a town with three residents. The residents' demand curves for various acres of a public park are shown below. Consider a town with three residents. The residents' demand curves for various acres of a public park are shown below. The public's willingness to pay for the 2<sup>nd</sup> acre of parkland is ______. A) $6. B) $8. C) $14. D) $26. Consider a town with three residents. The residents' demand curves for various acres of a public park are shown below. The public's willingness to pay for the 2<sup>nd</sup> acre of parkland is ______. A) $6. B) $8. C) $14. D) $26. Consider a town with three residents. The residents' demand curves for various acres of a public park are shown below. The public's willingness to pay for the 2<sup>nd</sup> acre of parkland is ______. A) $6. B) $8. C) $14. D) $26. The public's willingness to pay for the 2nd acre of parkland is ______.


A) $6.
B) $8.
C) $14.
D) $26.

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