Hw 5 #4 - Total for 2 more lights: $250 If lights cost $100...

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Hw 5 #4 a) Demand for 1 more street light Neighbor 1: 100 Neighbor 2: 50 Neighbor 3: 25 Total for 1 more light: $175 Demand for 2 more street lights Neighbor 1: 150 Neighbor 2: 75 Neighbor 3: 25
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Unformatted text preview: Total for 2 more lights: $250 If lights cost $100 each, two lights will be installed at a cost of $200. The benefit to society will be valued at $250....
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This note was uploaded on 04/11/2009 for the course ARE 100B taught by Professor Whitney during the Fall '08 term at UC Davis.

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