-Paul and Paula Are the Only Members of Society

question 179

Multiple Choice

-Paul and Paula are the only members of society.The table above gives their marginal benefits from missile gunboats,a public good.Suppose the marginal cost of a missile gunboat is $8 million.What is the efficient quantity of missile gunboats?

• A) 1 boat
• B) 2 boats
• C) 3 boats
• D) 4 boats
• E) More information about whether the services provided by missile gunboats are rival or not is needed.

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Definitions:

Benign Tumors

Noncancerous growths in the body that are generally not life-threatening and do not spread to other parts.

Muscle Cells

Specialized cells that make up muscle tissue, capable of contracting and relaxing to produce movement.

Uterus

A hollow, pear-shaped organ in a female's lower abdomen where offspring are conceived and in which they gestate before birth; the womb.

Menorrhagia

Excessive or prolonged menstrual bleeding at regular menstrual cycle intervals.