In the figure above, the richest 40 percent of households receive ...

[chads108]

In the figure above, the richest 40 percent of households receive ________ of total income.
 
  A) 70 percent
  B) 30 percent
  C) 60 percent
  D) 80 percent

Question 2

Tom and Jerry are the only members of society. The table above shows their marginal benefits from defense satellites, a public good. If the marginal social cost of a satellite is 36, the efficient quantity of satellites is
 
  A) 1.
  B) 2.
  C) 3.
  D) 4.

[Kaytorgator]

Answer to Question 1

A

Answer to Question 2

D

[chads108]

TYSM

[LVPMS]

Excellent