The total willingness to pay for public restrooms in a city is given in the table below Number of Restrooms Total willingness to pay 1 $208,000 2 $199,000 3 $150,000 4 $85,000 If the marginal cost of building a public restroom is $208,000, how many restrooms will be built ...

The total willingness to pay for public restrooms in a city is given in the table below:

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The total willingness to pay for public restrooms in a city is given in the table below:

Number of Restrooms	Total willingness to pay
1	$208,000
2	$199,000
3	$150,000
4	$85,000

If the marginal cost of building a public restroom is $208,000, how many restrooms will be built?

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Essentials of Business Statistics Communicating With Numbers

ISBN: 978-0078020544

1st edition

Authors: Sanjiv Jaggia, Alison Kelly

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Posted Date: Nov 08, 2018 03:07 AM

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Essentials of Business Statistics Communicating With Numbers

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