Use the Following to Answer Questions

question 106

Multiple Choice

Use the following to answer questions:
-(Table: Security in a Residential Community) Look at the table Security in a Residential Community. The marginal cost of hiring the second security guard is _____, and the marginal social benefit is _____.

• A) $150; $200
• B) $450; $1,800
• C) $150; $600
• D) $450; $600

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Definitions:

National

Relating to or characteristic of a nation; typically referring to matters that affect a country as a whole.

State Governments

The governmental authorities of individual states within a federal system, responsible for local governance and exercising certain powers independently from the federal government.

Federalism

A system of government in which power is divided between a central authority and constituent political units.

State Traditions

The historical and cultural practices, norms, and values that are recognized and followed within a specific state.