Use the following to answer questions: 
-(Table: Marginal Benefit from Additional Streetlights) Look at the table Marginal Benefit from Additional Streetlights. Suppose that the marginal cost of installing a streetlight is $6. What is the maximum that Art would be willing to pay to have one streetlight installed in the neighborhood?
Definitions:
Manufacturing Overhead-Applied
The allocation of manufacturing overhead costs to individual products or job orders based on a pre-determined overhead rate.
Direct Labor
The wages and other costs for labor directly involved in the production of goods or services.
Annual Overhead
The total recurring business expenses not directly tied to the production of goods or services, calculated on a yearly basis.
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