Use the following to answer questions:
-(Table: Externalities from Parks) The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. If 5 acres is dedicated to the park, the park is:
A) too large.
B) the socially optimum size.
C) too small.
D) the efficient size.

Question

Use the following to answer questions: 
-(Table: Externalities from Parks) The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. If 5 acres is dedicated to the park, the park is:
A) too large. 
B) the socially optimum size. 
C) too small. 
D) the efficient size.

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The Answer of Use the following to answer questions: 
-(Table: Externalities from Parks) The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. If 5 acres is dedicated to the park, the park is:
A) too large. 
B) the socially optimum size. 
C) too small. 
D) the efficient size.

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