Question: Figure and Table: An Indifference Curve Map 5 1 . ( Table: Marginal Benefit from Additional Streetlights ) . Suppose that the marginal cost of
Figure and Table: An Indifference Curve Map
Table: Marginal Benefit from Additional Streetlights Suppose that the marginal cost of installing a streetlight is $ What is the socially optimal number of streellights in the neighborhood?
a
b
c
d
Table: Marginal Benefit from Additional Streetlights Suppose that the marginal cost of installing a streetlight is $ If Dave had to pay for streetlights on his own, how many streetlights would there be
a
b
c
d
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