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-Tom and Jerry Are the Only Members of Society

Question 186

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 $36, the efficient quantity of satellites is A) 1. B) 2. C) 3. D) 4.
-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 $36, the efficient quantity of satellites is


A) 1.
B) 2.
C) 3.
D) 4.

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