Suppose the Marginal Benefit of Saving One More Spotted Owl

Short Answer

Suppose the marginal benefit of saving one more spotted owl is $1.2 million, and the marginal cost of saving one more spotted owl is $8 million. Saving one more spotted owl will cause net benefit from saving owls to _______________________(increase, decrease) by $ _______________. In this situation, society is saving ___________________ (too few, too many) spotted owls.