Table 11-1 Consider the Town of Springfield with Only Three Residents, Sophia

question 63

Multiple Choice

Table 11-1
Consider the town of Springfield with only three residents, Sophia, Amber, and Cedric. The three residents are trying to determine how large, in acres, they should build the public park. The table below shows each resident's willingness to pay for each acre of the park.
-Refer to Table 11-1. Suppose the cost to build the park is $24 per acre and that the residents have agreed to split the cost of building the park equally. If the residents decide to build a park with size equal to the number of acres that maximizes total surplus from the park, how much total surplus will Amber receive?

• A)$0
• B)$26
• C)$32
• D)$56

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Definitions:

Before

Prior to in time or order.

Dis-

A prefix indicating separation, removal, or negation.

Dislocate

To displace the bones of a joint, causing them to no longer be in their proper relation to each other.

Separate

To set or keep apart; to divide or segregate.