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stars_and_moon stars_and_moon
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Posts: 3218
7 years ago
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.
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kingbykingby
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7 years ago
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Incredible!
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Great! Now we can move on to the next one
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