-The Figure Above Shows the Marginal Cost and Marginal Benefit

Multiple Choice

-The figure above shows the marginal cost and marginal benefit of police protection in the city of Hugo,Oklahoma.Police protection is a public good.If the city of Hugo hires 5 officers,marginal

A) cost exceeds marginal benefit, so therefore fewer officers should be hired.
B) benefit exceeds marginal cost, so therefore more officers should be hired.
C) benefit equals marginal cost.
D) benefit exceeds marginal cost, so therefore no more officers should be hired.
E) benefit exceeds marginal cost but not by as much as possible, so 5 officers is not the efficient number to be hired.