The Total Willingness to Pay for Public Restrooms in a City

question 103

Multiple Choice

The total willingness to pay for public restrooms in a city is given in the table below.

If the marginal cost of building a public restroom is $208,000,how many restrooms will be built?

• A) 1
• B) 2
• C) 3
• D) 4

---

Definitions:

1950

Refers to the year in the 20th century, notable for many historical and cultural events worldwide, but without a specific definition in this context.

Statute of Limitations

The statute of limitations is a law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.

Uniform Commercial Code

A comprehensive set of laws governing commercial transactions in the United States, intended to standardize practices across state lines.

Contractually-agreed-upon

Refers to terms, conditions, or actions that the parties to a contract have expressly decided upon and recorded in the contract.