(Table: Externalities from Parks) The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.If 5 acres is dedicated to the park, the park is:
A)too large.
B)the socially optimum size.
C)too small.
D)the efficient size.

Question

(Table: Externalities from Parks) The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.If 5 acres is dedicated to the park, the park is:
A)too large. 
B)the socially optimum size. 
C)too small. 
D)the efficient size.

Quizplus · Accepted Answer

The Answer of   (Table: Externalities from Parks) The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.If 5 acres is dedicated to the park, the park is:
A)too large. 
B)the socially optimum size. 
C)too small. 
D)the efficient size.

(Table: Externalities from Parks) the Table Shows the Marginal Social