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

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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