Use the Following to Answer Questions -(Table: Marginal Benefit from Additional Streetlights)Use Table: Marginal Benefit from of }

question 99

Multiple Choice

Use the following to answer questions : $\begin{array}{l}\begin{array}{lcc}\hline\text { Quantity of } & \text { Dave's } & \text { Art's } \\\text { Streetlights in the } & \text { Individual } & \text { Individual } \\\text { Neighbourhood } & \text { Marginal Benefit } & \text { Marginal Benefit }\\\hline0&&\\1&\$ 15 & \$ 20 \\2&10 & 15 \\3&5 & 10 \\4&2 & 3\\\hline \end{array}\\\end{array}$

-(Table: Marginal Benefit from Additional Streetlights) Use Table: Marginal Benefit from Additional Streetlights.Suppose that the marginal cost of installing a streetlight is $6.What is the socially optimal number of streetlights in the neighbourhood?

• A) 1
• B) 2
• C) 3
• D) 4

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Physical Brain

The tangible, biological organ contained within the skull, responsible for neurological functions and cognitive processes.

Mind

The mind encompasses the array of cognitive faculties by which consciousness, perception, thinking, judgement, and memory are experienced and processed.

Determinism

The idea in philosophy that every event and moral decision is fully caused by preceding factors.

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To declare or indicate in advance; to forecast the occurrence of something.