Use the Following to Answer Question

question 57

Multiple Choice

Use the following to answer question:
-(Table: Externalities from Parks) Use: Table: Externalities from Parks.The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.Suppose that parks result in positive benefits to the community as a whole but that the marginal private benefit that any one individual in the community gets from parks is close to 0.At the socially optimum amount of land dedicated to the public park,the marginal social benefit will be:

• A)$225.
• B)$150.
• C)$100.
• D)$0.

---

Definitions:

Mission Statement

A concise explanation of an organization's purpose, outlining its goals, the services or products it provides, and its overall intention.

Core Competencies

Fundamental skills, abilities, and expertise that are essential to a particular job or company.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, involving logical reasoning and a thoughtful examination of evidence.

Personal Mission Statement

A written declaration of an individual's core purpose and focus that serves as a guide to their actions and decisions.