If the private benefit of buying a car alarm is $250 and the social benefit of the car alarm is $350,is it optimal for you to buy a car alarm if it costs $300?
A) Yes,because benefits exceed the cost
B) Yes,because MSB > MSC
C) No,because private benefits are less than private cost
D) No,because MPB < MSC
E) The outcome is the same whether you buy the alarm or not
Correct Answer:
Verified
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