Scenario: Suppose There Are Only Three Houses on a Street

question 147

Multiple Choice

Scenario: Suppose there are only three houses on a street. The following table shows each homeowner's willingness to pay for street lights. It costs $700 to install a street light.

-Refer to the scenario above.The socially optimal number of street lights for this street is ________.

• A) 0
• B) 1
• C) 2
• D) 3

---

Definitions:

Facial Expressions

The movements of the muscles beneath the skin of the face, used to convey emotional states or reactions.

Mentor

An experienced and trusted advisor who provides guidance and support.

Orientation Phase

The initial stage in the development of a relationship, such as the nurse-patient relationship, characterized by building trust and rapport.