The marginal private benefit of a county’s flood-protection program is mb(G) = V/100 − G/2 where V is the market value of the property and G is the height of a flood-protection dam. For example, the marginal private benefit for a citizen with a market value of $200,000 is mb(G) = 200 − G/2. There are three citizens, with V = $60,000, $80,000, and $160,000. The marginal cost of flood protection is $150. Illustrate the efficient outcome (GE) and the outcome under majority rule (G*), including values for GE and G*.