Suppose the small town Falls Valley estimates the marginal cost of providing one more treatment for mosquito control at $100,000. The town should provide the additional mosquito control only if the marginal a. b. benefit for any individual citizen is at least $100,000. benefit of the last individual citizen is zero. C. social cost of mosquito control is more than $100,000. d. social cost of mosquito control is less than $100,000. e. benefit for all individual citizens adds up to at least $100,000.
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Suppose the small town Falls Valley estimates the marginal cost of providing one more treatment for...
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