$12 0 0 3 $10 0 3 6 $ 8 3 6 13 $ 6 6 13 22 $ 4 13 22 33 $ 2 22 33 44 $ 0 33 44 58         Refer to Table 11-3. If the marginal cost of national defense is constant at $24 per unit, what is the efficient level of national defense to provide? Group of answer choices A) 3 units B) 6 units

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter10: Externalities
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Table 11-3
This table describes the defense demands for three equal sized groups of people in Nirvanaville. The second, third, and fourth column shows the quantity that a group will demand for a given price (the first column).

Price

Group #1

Group #2

Group #3

$14

0

0

0

$12

0

0

3

$10

0

3

6

$ 8

3

6

13

$ 6

6

13

22

$ 4

13

22

33

$ 2

22

33

44

$ 0

33

44

58

       



Refer to Table 11-3. If the marginal cost of national defense is constant at $24 per unit, what is the efficient level of national defense to provide?

Group of answer choices

A) 3 units

B) 6 units

C) 13 units

D) 22 units

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