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Consider a Town with Three Residents

Question 72

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. Suppose the town can purchase land for the park at a cost of $8 per acre. The optimal park size would be ______ acres. A) 2 B) 4 C) 6 D) 8 Consider a town with three residents. The residents' demand curves for various acres of a public park are shown below. Suppose the town can purchase land for the park at a cost of $8 per acre. The optimal park size would be ______ acres. A) 2 B) 4 C) 6 D) 8 Consider a town with three residents. The residents' demand curves for various acres of a public park are shown below. Suppose the town can purchase land for the park at a cost of $8 per acre. The optimal park size would be ______ acres. A) 2 B) 4 C) 6 D) 8 Suppose the town can purchase land for the park at a cost of $8 per acre. The optimal park size would be ______ acres.


A) 2
B) 4
C) 6
D) 8

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