Macmillan Learning (Table: Total Cost and Total Individual Benefit Received from Sanitation Workers) Use Table: Total Cost and Total Individual Benefit Received from Sanitation Workers. If there are 1,000 residents who each enjoy the same individual benefit of sanitation services, shown in the table, what is the total social benefit of two sanitation workers? Table: Total Cost and Total Individual Benefits Received from Sanitation Workers Quantity of sanitation workers 0 1 2 3 4 5 $70 $70,000 O $4,000 O $40,000 Total cost $0 Total individual benefit $0 40 20,000 40,000 70 60,000 90 80,000 100,000 105 100

Macmillan Learning (Table: Total Cost and Total Individual Benefit Received from Sanitation Workers) Use Table: Total Cost and Total Individual Benefit Received from Sanitation Workers. If there are 1,000 residents who each enjoy the same individual benefit of sanitation services, shown in the table, what is the total social benefit of two sanitation workers? Table: Total Cost and Total Individual Benefits Received from Sanitation Workers Quantity of sanitation workers 0 1 2 3 4 5 $70 $70,000 O $4,000 O $40,000 Total cost $0 Total individual benefit $0 40 20,000 40,000 70 60,000 90 80,000 100,000 105 100

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter13: Positive Externalities And Public Goods

Section: Chapter Questions

Problem 21CTQ: Provide two examples of goods/services that are classified as private goods/services even though...

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