The cost of hiring a secuirty guard to patrol the neighborhood of a community is 300 per week Assuming that the marginal benefit of the first secuirty guard is 100 for each of the ten (n=10) individuals living in the community what is the optimal outcome in a private market? is that efficient?

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter27: Markets And Government
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The cost of hiring a secuirty guard to patrol the neighborhood of a community is 300 per week Assuming that the marginal benefit of the first secuirty guard is 100 for each of the ten (n=10) individuals living in the community what is the optimal outcome in a private market? is that efficient?
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