Suppose 100 Townspeople Value a Statue of the Local Hero

question 45

Multiple Choice

Suppose 100 townspeople value a statue of the local hero at $1 each, and construction of the statue would cost $90. Which of the following is true?

• A)It would be efficient to build the statue, but it may not be built because some of the townspeople who value the statue will not contribute to its construction.
• B)It would be efficient to build the statue and it will be built because at least ninety of the townspeople will contribute to its construction.
• C)The statue will not be built because it is not efficient to build a statue that costs $90 if the townspeople value it at only $1.
• D)The statue will not be built because the local government does not have the power to tax only those who value it.

---

Definitions:

Subcutaneous Fat

A layer of fat stored directly under the skin, serving as energy storage and insulation for the body.

Body Dysmorphic Disorder

A mental disorder characterized by obsessive focus on a perceived flaw in appearance, which to others may be minor or not observable.

Psychological Disorder

A condition characterized by abnormal thoughts, feelings, or behaviors, significantly impacting daily functioning and often diagnosed according to criteria in standard diagnostic manuals.

Overweight

A condition characterized by having more body fat than is optimally healthy, usually defined by a Body Mass Index (BMI) over 25.