Assume that the marginal cost of hiring a police officer is $100. if a and b are the only two people in the society, the optimal number of police officers is Two.
The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics.
The additional cost to produce a new good is known as the marginal cost. Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.
Learn more about marginal cost here
https://brainly.com/question/17230008
#SPJ4