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Question 38

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Use the following to answer questions: Use the following to answer questions: -(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. At the socially optimum amount of land dedicated to the public park the marginal social cost will be: A) $225. B) $150. C) $100. D) $0.
-(Table: Externalities from Parks) The table Externalities from Parks shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park. At the socially optimum amount of land dedicated to the public park the marginal social cost will be:


A) $225.
B) $150.
C) $100.
D) $0.

Correct Answer:

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