Quizzes & Puzzles11 mins ago
Microecons
1 Answers
The total willingness to pay for public restrooms in a city is given in the table below:
Number of Restrooms
Total willingness to pay
1
$208,000
2
$199,000
3
$150,000
4
$85,000
If the marginal cost of building a public restroom is $208,000, how many restrooms will be built?
Number of Restrooms
Total willingness to pay
1
$208,000
2
$199,000
3
$150,000
4
$85,000
If the marginal cost of building a public restroom is $208,000, how many restrooms will be built?
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