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Author Question: Suppose 10 citizens each derive marginal benefit from traffic lights according to the function MB = ... (Read 186 times)

bclement10

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on: Jul 1, 2018
Suppose 10 citizens each derive marginal benefit from traffic lights according to the function MB = 10 - Q. If traffic lights cost 10 each to produce, what is the efficient quantity of traffic lights?
 
  A) 9 traffic lights
  B) 12 traffic lights
  C) 8 traffic lights
  D) 1 traffic light

Question 2

The median voter votes yes for a project if
 
  A) the value of the project for him is larger than the tax he needs to pay.
  B) the value of the project for him is smaller than the tax he needs to pay.
  C) the total benefits are positive.
  D) the total cost is zero.
Microeconomics ¦ Perloff ¦ 8th Edition
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cclemon1

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Reply #1 on: Jul 1, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bclement10

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

ebonylittles

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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