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    Exam 16: Public Choices, Public Goods, and Healthcare
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    Katie Bobby -The Above Table Shows the Marginal Benefit from Submarines for Benefit
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Katie Bobby -The Above Table Shows the Marginal Benefit from Submarines for Benefit

Question 145

Question 145

Multiple Choice

Katie Bobby
Katie Bobby    -The above table shows the marginal benefit from submarines for the only two citizens of a country. Submarines are a public good. If submarines cost $175 a piece to produce, what is the efficient quantity of submarines? A)  0 B)  1 C)  2 D)  3
-The above table shows the marginal benefit from submarines for the only two citizens of a country. Submarines are a public good. If submarines cost $175 a piece to produce, what is the efficient quantity of submarines?


A) 0
B) 1
C) 2
D) 3

Correct Answer:

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