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Advertisement-free radio broadcasting is a non-excludable public good. The following table shows the private marginal benefits of each of 10,000 residents in a rural county

Advertisement-free radio broadcasting is a non-excludable public good. The following table shows the private marginal benefits of each of 10,000 residents in a rural county as well as the social marginal benefits from hours of ad-free broadcasting per day.

Hours per day Private MB Social MB
6 $7 $70,000
8 $6 $60,000
10 $5 $50,000
12 $4 $40,000

Each hour of broadcasting costs $50,000. The market outcome would be ________ hours of ad-free broadcasting each day. The efficient quantity is ______ hours of ad-free broadcasting each day.

Select one:

A.0; 0

B.0; 10

C.6; 12

D.10; 0

E.10; 10

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