The demand curve for a public park for two consumers who represent society is given by: P = 150 – QD1, P = 250 - QD2 Graph the two demand curves and show the marginal social benefit curve for this public park. If the marginal cost of providing the park was €240, what would the optimum provision of this park be? Explain why any quantity above or below this amount would represent a less than efficient allocation.

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