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Figure 7-3 Bettye Babylon Does Not Charge Admission to Her

Question 330

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Figure 7-3
Figure 7-3    Bettye Babylon does not charge admission to her arboreal estate, the Hanging Gardens. Due to space limitations, Bettye only allows 200 visitors per day at her estate. The figure represents the supply and demand for admission to the Hanging Gardens. -Refer to Figure 7-3.At a ticket price of $0,the marginal benefit from the 200th ticket is A)  equal to the price. B)  below the price. C)  above the price. D)  negative. Bettye Babylon does not charge admission to her arboreal estate, the Hanging Gardens. Due to space limitations, Bettye only allows 200 visitors per day at her estate. The figure represents the supply and demand for admission to the Hanging Gardens.
-Refer to Figure 7-3.At a ticket price of $0,the marginal benefit from the 200th ticket is


A) equal to the price.
B) below the price.
C) above the price.
D) negative.

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