Table 11-2 Consider a Small Town with Only Three Families, the Greene

question 155

Multiple Choice

Table 11-2
Consider a small town with only three families, the Greene family, the Brown family, and the Black family. The town does not currently have any streetlights so it is very dark at night. The three families are considering putting in streetlights on Main Street and are trying to determine how many lights to install. The table below shows each family's willingness to pay for each streetlight.
-Refer to Table 11-2. Suppose the cost to install each streetlight is $360. How many streetlights should the town install to maximize total surplus from the streetlights?

• A)1 streetlight
• B)2 streetlights
• C)3 streetlights
• D)4 streetlights

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Definitions:

Microtubules

Cylindrical structures made of tubulin proteins that are part of the cytoskeleton in all eukaryotic cells and are involved in cell division, movement, and shape maintenance.

Eukaryotic Cell Division

Processes, including mitosis and meiosis, through which eukaryotic cells divide, ensuring accurate distribution of chromosomes to daughter cells.

Ribosomes

Cellular structures responsible for protein synthesis, reading mRNA sequences to assemble amino acids into polypeptides.

Protein Synthesis

The cellular process of building proteins from amino acids based on the instructions coded in DNA and mediated by RNA.