Use the Following to Answer Question

question 127

Multiple Choice

Use the following to answer question:
-(Table: Marginal Benefit from Additional Streetlights) Use Table: Marginal Benefit from Additional Streetlights.Suppose that the marginal cost of installing a streetlight is $6.If Dave had to pay for streetlights on his own,how many streetlights would there be?

• A)0
• B)1
• C)2

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Definitions:

Customer-focused

An approach to business that prioritizes the needs and preferences of customers in product development, sales, and service.

Business Strategy

A plan of action designed by organizations to achieve certain long-term goals and objectives by leveraging resources.

Life Cycle

The stages of development and growth through which an entity passes from its inception to its termination or culminating point.

Entrepreneurial Organisations

Businesses that are primarily focused on innovation, risk-taking, and proactive strategies to seize market opportunities.