Question: Please show and explain work 5. (4 points total) Abigail and Brenda are the only members of society. The table below shows their marginal benefit

Please show and explain work

Please show and explain work 5. (4 points total) Abigail and Brenda

5. (4 points total) Abigail and Brenda are the only members of society. The table below shows their marginal benefit schedules for defense satellites. A defense satellite is a public good. Brenda's Marginal Benefit (Dollars) Abigail's Marginal Benefit (Dollars) Quantity (Satellites) (2 points) If the marginal cost of each defense satellite is constant at $50, what is the efficient quantity of defense satellites? Explain and show your calculations. (2 points) If provision of defense satellites is left to a private market, what quantity would t society choose? Explain

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