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The table below shows the marginal private benefit that members of a small village get from watching the local circus. Assume these individuals are the

The table below shows the marginal private benefit that members of a small village get from watching the local circus. Assume these individuals are the only ones that benefit from the shows. The cost of putting on a show is $C.

If the socially optimal number of shows is 3, which of the following is a possible value for C? A) 19

B) 37

C) both a and b

D) neither a nor b

Q Alicia Ben Callie
1 15 15 20
2 14 13 17
3 13 11 14
4 12 9 11
5 11 8 8

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