Table 11-2 Consider a Small Town with Only Three Families, the Johnson

question 148

Multiple Choice

Table 11-2
Consider a small town with only three families, the Johnson family, the Marshall family, and the Walker family. The town does not currently have any streetlights so it is very dark at night. The three families are considering putting in streetlights on Main Street and are trying to determine how many lights to install. The table below shows each family's willingness to pay for each streetlight.

-Refer to Table 11-2.Suppose the cost to install each streetlight is $450.How many streetlights should the town install to maximize total surplus from the streetlights?

• A) 1 streetlight
• B) 2 streetlights
• C) 3 streetlights
• D) 4 streetlights

---

Definitions:

Smaller Class Sizes

Educational settings with a reduced number of students per class, aimed at providing more personalized attention and improving learning outcomes.

Costly

Having a high price or great expense; also can refer to situations or actions requiring significant sacrifice or effort.

Multiple Intelligences

A theory suggesting that intelligence is not a single general ability, but rather comes in multiple forms, such as linguistic, logical-mathematical, musical, bodily-kinesthetic, spatial, interpersonal, and intrapersonal intelligences.

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which suggests that intelligence is multidimensional and not solely measured by IQ.