Use the following to answer questions:
Figure: Market Failure 
-(Figure: Market Failure) Look at the figure Market Failure. Suppose the supply curve represents the marginal cost of providing streetlights in a neighborhood that is composed of two people, Ann and Joe. Suppose the supply curve represents the marginal cost of providing streetlights in a neighborhood that is composed of two people, Ann and Joe. The demand curve represents the marginal benefit that Ann receives from the streetlights. Suppose that Joe's marginal benefit from the streetlights is a constant amount equal to AC. How much is Ann willing to pay for G streetlights?
Definitions:
Strategy Formation
The process of developing a set of critical decisions and actions that shape and guide what an organization is, who it serves, what it does, and why it does it.
Product Offerings
The complete set of products and services that a company makes available to consumers.
Analyzing Historical
The process of examining past data, events, or conditions to draw insights or make predictions about future trends.
Tax Codes
The laws and regulations that determine how individuals, corporations, and other entities are taxed by governmental authorities.
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