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-The Figure Above Shows the Marginal Cost and Marginal Benefit

Question 80

Multiple Choice

-The figure above shows the marginal cost and marginal benefit of police protection in the city of Hugo,Oklahoma.Police protection is a public good.The efficient number of officers that should be hired by the city of Hugo is A) 15. B) 25. C) 10. D) 0. E) More than 25 because MB > $0 when 25 officers are hired.
-The figure above shows the marginal cost and marginal benefit of police protection in the city of Hugo,Oklahoma.Police protection is a public good.The efficient number of officers that should be hired by the city of Hugo is


A) 15.
B) 25.
C) 10.
D) 0.
E) More than 25 because MB > $0 when 25 officers are hired.

Correct Answer:

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