What is a marginal cost of lighthouse


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Q: Suppose there are only two fishermen, Zach and Jacob, who fish along a certain coast. They would each benefit from a lighthouse being built where they fish. The marginal cost of an additional lighthouse is $100. The marginal benefit to Zach of an additional lighthouse is 90-Q, and for Jacob 40-Q, where Q is equal to the number of lighthouses.

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Microeconomics: What is a marginal cost of lighthouse
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