Multiple Choice
Four stores have a problem with theft and security is a public good.Let S stand for the number of person-hours of security patrols per week.The marginal benefit of security patrols to each of the stores is given by the formula MB = 200 - 2S.Patrols cost $20 per hour.Which of the following gives the marginal social benefit function?
A) MSB = 50 - 0.5S
B) MSB = 800 - 8S
C) MSB = 800 - 2S
D) MSB = 196 - 2S
Correct Answer:

Verified
Correct Answer:
Verified
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