-The table above shows the marginal benefit from providing police protection in a community of two people, Jake and Elwood. Police protection is a public good.
a) What is the marginal social benefit to community from the 4th police car on duty?
b) If the marginal social cost of a police car on duty is $37, what is the efficient number of cars on duty?
c) If the marginal social cost of a police car on duty is $70, what is the efficient number of cars on duty?
Definitions:
Influencing Responses
Communications in therapy designed to guide or encourage clients toward positive behavioral or cognitive changes.
Defensive
A psychological reaction that involves denying or rationalizing away the implications of an uncomfortable truth or reality.
Discontinuing Therapy
Discontinuing therapy refers to the process of ending the therapeutic relationship or counseling sessions, typically when goals are met or due to other reasons.
Immediacy
The quality of bringing one into direct and instant involvement with something, without intermediary.
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