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-Tom and Jerry Are the Only Members of Society

Question 110

Multiple Choice

-Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is $54, the efficient quantity of satellites is A) 0. B) 1. C) 2. D) 3.
-Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is $54, the efficient quantity of satellites is


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

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