Multiple Choice
Suppose residents of Toadhop live on the Quabache River,a river prone to flooding.Suppose there are 1000 (type A) people who value flood control more than the 1000 (type B) people. 
where Q measures the quality of flood control.If the price of a unit of flood control is $100,000 and the citizens of Toadhop gather for a town hall meeting to find the socially optimal level of flood control,and they are successful,they will pick Q equal to
A) 0
B) 10
C) 25
D) 70
Correct Answer:
Verified
Correct Answer:
Verified
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