Table 11-3
This table describes the police protection demands for three equal sized groups of people in Safetyville. The second, third, and fourth columns show the number of person-hours of police protection per day that a group will demand for a given price (the first column) .
-Refer to Table 11-3. What is the value of the 39^th unit of police protection in Safetyville?

Question

Table 11-3
This table describes the police protection demands for three equal sized groups of people in Safetyville. The second, third, and fourth columns show the number of person-hours of police protection per day that a group will demand for a given price (the first column) .

-Refer to Table 11-3. What is the value of the 39^th unit of police protection in Safetyville?

Quizplus · Accepted Answer

The value of the 39^th unit of police protection can be found by looking at the price where the demand for all three groups is equal to 39 unit-hours. From the table, we can see that this occurs at a price of $54. Therefore, the value of the 39^th unit of police protection is $54.

Table 11-3 This Table Describes the Police Protection Demands for Three Equal