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

question 228

Multiple Choice

Table 11-2
Consider a small town with only three families, the Greene family, the Brown family, and the Black 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 $360 and the families have agreed to split the cost of installing the streetlights equally. To maximize their own surplus, how many streetlights would the Greene's like the town to install?

• A)0 streetlights
• B)1 streetlight
• C)2 streetlights
• D)3 streetlights

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Subjected to severe physical or psychological pain or suffering, often as a form of punishment or to extract information.

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Bodily harm resulting from unexpected events or accidents, not intentionally self-inflicted.

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The part of the brain that receives and processes sensory input from the body.

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The physical organization and arrangement of different parts of the brain, including its cells and connections, which underpin its functions.