Use the Following to Answer Question

question 193

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.If 1 acre is dedicated to the park,the park is _____ from a social perspective.

• A)too large
• B)the socially optimum size
• C)too small
• D)the efficient size

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Definitions:

Duplicate Slide

Creating an exact copy of a selected slide in a presentation, often used for creating variations of a slide without starting from scratch.

Transition

A visual effect between slides in a presentation that indicates the end of one slide and the beginning of another.

SmartArt Graphic

A tool provided by Microsoft Office applications that allows users to create visually appealing diagrams and graphics to represent information.

Phase 1

Often the initial stage of a project, research, or study, focusing on planning, research, and assessing feasibility.