Use the following to answer question:
-(Table: Total Cost and Total Individual Benefit)Use Table: Total Cost and Total Individual Benefit.If there are 1,000 residents and they all have the same total individual benefit,as shown in the table,what is the marginal social benefit of the fourth animal control officer?
A)$10
B)$9,000
C)$10,000
D)$90,000

Question

Use the following to answer question: 
-(Table: Total Cost and Total Individual Benefit)Use Table: Total Cost and Total Individual Benefit.If there are 1,000 residents and they all have the same total individual benefit,as shown in the table,what is the marginal social benefit of the fourth animal control officer?
A)$10 
B)$9,000 
C)$10,000 
D)$90,000

Quizplus · Accepted Answer

The marginal social benefit is the additional benefit to society from hiring one more officer. If each resident has the same total individual benefit, the marginal social benefit of the fourth officer is the individual benefit multiplied by the number of residents, which is $10,000.

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