4. Four roommates are planning to spend the weekend in their dorm suite watching old movies, and they are debating how many to watch. The table below contains their willingness to pay for each film. 1st film 2nd film 3rd film 4th film 5th film John $7 $6 $5 $4 $3 Paul $5 $4 $3 $2 $1 George ઝાઝાન કાર stihosta 01 130 ve 02hliew and a. Within the dorm room, is the showing of a movie a public good? Why or why not? twold don underd emali ubivos Ringou $2 $1 $0 d $0 $0 b. If it costs $8 to rent a movie, how many movies should the roommates rent in order to maximize total surplus? 20E07 JETUA 16 C. If they chose this optimal number of movies and split the cost evenly, how much surplus does each person receive from renting these movies?

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many thanks, the question is in the picture

AutoSave Off HU File Home Paste Clipboard Page 1 of 1 Insert Design Layout Calibri (Body) ✓11 BI U ab x₂ x² A ✓ Font V 23 words DX Type here to search Accessibility: Investigate Document1 - Word A A Aa A A References S Mailings Review Paragraph IT Search ↓ View 2¶ S Help AaBbCcDc AaBbCcDc AaBbC AaBbcct AaB ¶ Normal 1 No Spac... Heading 1 Heading 2 Title Styles Residents of two districts, Oz and Wonderland, initially fall into two types: blue (B) and red (R). In Oz, there are 500 blue residents and 1000 red residents, while in Wonderland there are 1000 blue residents and 500 red residents. Blue residents earn a regular passive income of YB = 12,000, while red residents' passive income is Y₁ = 2,000 due to their lower initial endowments. Both districts provide a local public good for their residents, G. Utility is given by Vi 23G-8, everywhere. Provision of this good takes place at the local government level, with the amount of provision chosen by majority vote within each district. y =…