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(Table: Externalities from Parks) the Table Externalities from Parks Shows

Question 25

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(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.If 1 acre is dedicated to the park, this outcome is _________ because _. A) efficient; MSB = MSC B) efficient; MSB > MSC C) inefficient; MSB > MSC D) inefficient; MSB < MSC (Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.If 1 acre is dedicated to the park, this outcome is _________ because _. A) efficient; MSB = MSC B) efficient; MSB > MSC C) inefficient; MSB > MSC D) inefficient; MSB < MSC (Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.If 1 acre is dedicated to the park, this outcome is _________ because _.


A) efficient; MSB = MSC
B) efficient; MSB > MSC
C) inefficient; MSB > MSC
D) inefficient; MSB < MSC

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