Use the following to answer questions: 
-(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. If 1 acre is dedicated to the park, this outcome is _____ because _____.
Definitions:
Fair Market Value
The price that a willing buyer and a willing seller agree upon when both parties have reasonable knowledge of the relevant facts and neither is under compulsion to buy or sell.
Paid-in Capital
Funds received by a company from investors in exchange for stock, representing the capital that stockholders have invested in the company.
Common Stock
A type of equity security that represents ownership in a corporation, giving holders voting rights and a share in the company’s profits through dividends.
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