Refer to the Information Given in Table 16 -Refer to Table 16

question 94

Multiple Choice

Refer to the information given in Table 16.6 below to answer the question that follows.
Table 16.6 $\begin{array} { ccc } \text { Number of } & \text { Tim's } & \text { Al's }\\\text {Police Officers}& \text { Willingness to Pay}& \text { Willingness to Pay}\\\hline1 & \$ 100 & \$ 60 \\2 & 80 & 20 \\3 & 50 & 0\\\hline \end{array}$


-Refer to Table 16.6. Assume that the marginal cost of hiring a police officer is $100. If A and B are the only two people in the society, the optimal number of police officers is

• A) 1.
• B) 2.
• C) 3.
• D) indeterminate from this information.

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Definitions:

Gemmae

Tiny balls of tissue (borne in gemmae cups) used for asexual reproduction by liverworts.

Liverworts

Liverworts are a group of non-vascular plants in the division Marchantiophyta, known for their liver-shaped gametophytes and role in early colonization of terrestrial environments.

Asexually

Reproduction without the combination of genetic material from two different parents, often involving a single organism reproducing by itself.

Archegonia

The female reproductive structure in ferns, mosses, and some conifers, where the egg cell is produced and fertilization occurs.