Multiple Choice
Use the following to answer questions:
Figure: Traffic Lights in Plymouth
-(Figure: Traffic Lights in Plymouth) Look at the figure Traffic Lights in Plymouth. Plymouth has 1,000 residents. Each of the residents has the same individual marginal benefit per traffic light. Without government intervention, the town will have _____ traffic lights.
A) 0
B) 4
C) 8
D) 12
Correct Answer:

Verified
Correct Answer:
Verified
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