Question: E251 Sample questions for Exam 2, spring 2023 Marginal benefit Number of (dollars from the last police officers officer) 1 8.00 2 7.20 3
E251 Sample questions for Exam 2, spring 2023 Marginal benefit Number of (dollars from the last police officers officer) 1 8.00 2 7.20 3 6.40 4 5.60 5 4.80 6 4.00 7 I 3.20 67. Broomfield city council is deciding how many police officers the city needs. Broomfield's population is 10,000 people. The marginal cost of a police officer is $60,000 per year. The marginal benefit schedule of an average city resident from police protection is shown in the table above. Police protection is a public good. To support the efficient number of police officers, each resident of Broomfield will have to pay B) $60 A) $36 per year in taxes. C) $6.40 D) $18
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