The table sets out the marginal benefits that Terri and Sue receive from police officers on duty

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The table sets out the marginal benefits that Terri and Sue receive from police officers on duty on the college campus:
The table sets out the marginal benefits that Terri and

a. If the police officers are provided by the city government, is the presence of the police on-campus a private good or a public good?
b. Suppose that Terri and Sue are the only students on the campus at night. Draw a graph to show the marginal social benefit from on-campus police officers on duty at night.

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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