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Other Fields Homework Help Economics Topic started by: stars_and_moon on Jul 20, 2016



Title: A small town of five families is considering having a fireworks display. The value of the display t
Post by: stars_and_moon on Jul 20, 2016
A small town of five families is considering having a fireworks display.  The value of the display to each family is:  $100 for the Smiths, $200 for the Chungs, $300 for the Wilsons, $400 for the Kents, and $500 for the Jones.  The value of the public good is equal to
A) $100, the value to the family that values it the least.
B) $300, the value to the middle family.
C) $1,500, the sum of the values to each of the five families.
D) $500, the value to the family that values it the most.


Title: Re: A small town of five families is considering having a fireworks display. The value of the ...
Post by: kingby on Aug 10, 2016
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Title: Re: A small town of five families is considering having a fireworks display. The value of the display t
Post by: stars_and_moon on Aug 17, 2016
Incredible!


Title: Re: A small town of five families is considering having a fireworks display. The value of the display t
Post by: kingby on Aug 18, 2016
Great! Now we can move on to the next one