Suppose that the cost of eradicating polio from a society, Business Economics

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Suppose that the cost of eradicating polio from a society

Suppose that the cost of eradicating polio from a society of 1,000 persons is $5 per person. Also suppose that only two persons in the society will benefit from that policy, and the benefit to each of those persons is $2,000. Then what is the social surplus created by eradicating polio?

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Business Economics: Suppose that the cost of eradicating polio from a society

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Business Economics: Suppose that the cost of eradicating polio from a society

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