Multiple Choice
Use the following to answer question:
-(Table: Externalities from Parks) Use: Table: Externalities from Parks.The table shows the marginal social benefit and the marginal social cost of preserving various amounts of land in a city for a public park.Suppose that parks result in positive benefits to the community as a whole but that the marginal private benefit that any one individual in the community gets from parks is close to 0.At the socially optimum amount of land dedicated to the public park,the marginal social benefit will be:
A) $225.
B) $150.
C) $100.
D) $0.
Correct Answer:

Verified
Correct Answer:
Verified
Q52: Suppose the federal government determines the total
Q53: An external benefit is a:<br>A)negative externality.<br>B)benefit that
Q54: Use the following to answer question:<br>Figure: Marginal
Q55: Use the following to answer question:<br>Figure: The
Q56: Use the following to answer question: <img
Q58: Suppose that government officials have set an
Q59: When farmers raise hogs,there are a number
Q60: Use the following to answer question: <img
Q61: Damage to the environment occurs because:<br>A)no one
Q62: The marginal benefit of pollution emissions _