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jxnis | 09:31 Thu 21st Feb 2019 | Quizzes & Puzzles
1 Answers
The total willingness to pay for public restrooms in a city is given in the table below:

Number of Restrooms

Total willingness to pay

1

$208,000

2

$199,000

3

$150,000

4

$85,000

If the marginal cost of building a public restroom is $208,000, how many restrooms will be built?


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