Solve the Problem $$\mathrm { v } = 270 ( 2.7 ) ^ { 0.07 \mathrm { t } }$$

question 131

Multiple Choice

Solve the problem.
-The rabbit population in a forest area grows at the rate of 7% monthly. If there are 270 rabbits in September, find how many rabbits (rounded to the nearest whole number) should be expected by next September. Use $$\mathrm { v } = 270 ( 2.7 ) ^ { 0.07 \mathrm { t } }$$

• A)609
• B)612
• C)622
• D)635

Apply the principle of marginal social benefit being equal to the sum of individual marginal benefits in determining the efficient provision of public goods.

Understand how the free-rider problem affects the provision of public goods.

Analyze conditions under which public goods should be provided to enhance social welfare.

Calculate the efficient number of public goods based on marginal cost and marginal social benefit.