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.If 5 acres are dedicated to the park,the park is _____ from a social perspective.
A) too large
B) the socially optimum size
C) too small
D) the efficient size
Correct Answer:

Verified
Correct Answer:
Verified
Q79: Use the following to answer question:<br>Figure: MSB
Q80: Suppose an emissions tax is imposed on
Q81: If the number of available tradable emissions
Q82: Which statement is CORRECT?<br>A)An emissions tax is
Q83: The efficient level of pollution is the
Q85: Which example BEST describes tradable emissions permits?<br>A)a
Q86: Use the following to answer question:<br>Figure: Efficiency
Q87: Use the following to answer question: <img
Q88: The marginal social benefit received from pollution
Q89: An example that does NOT illustrate an