Table 11-1 Consider the Town of Springfield with Only Three Residents, Sophia

question 91

Multiple Choice

Table 11-1
Consider the town of Springfield with only three residents, Sophia, Amber, and Cedric. The three residents are trying to determine how large, in acres, they should build the public park. The following table shows each resident's willingness to pay for each acre of the park.
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-Refer to Table 11-1. Suppose the cost to build the park is $24 per acre and that the residents have agreed to split the cost of building the park equally. To maximize his own surplus, how many acres would Cedric like Springfield to build?

• A)0 acres
• B)1 acre
• C)2 acres
• D)3 acres

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Definitions:

Depressants

Drugs that diminish activity levels in the nervous system.

Nose Drops

A liquid medication intended for administration in the nose to alleviate symptoms such as nasal congestion.

Tolerance

The process of becoming less responsive to a substance or stimulus after repeated exposure.

Withdrawal

A consequence of drug dependence that occurs when the drug is withheld, such that the person feels strong drug cravings and psychological and medical distress.