Multiple Choice
Use the figure below to answer the following question. Figure 16.2.2
-Refer to Figure 16.2.2.The graph shows the marginal social benefit and marginal social cost of a garbage disposal system in a city of 1 million people.If voters are well informed about the costs and benefits of the garbage disposal system,the political equilibrium of garbage is
A) 2.0 million tonnes a day.
B) 1.5 million tonnes a day.
C) 2.5 million tonnes a day.
D) 4.0 million tonnes a day.
E) 0 million tonnes a day.
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Your city council is contemplating upgrading its
Q17: In which of the following cases can
Q18: The budget of a government department is
Q19: John receives a marginal benefit of $80
Q20: Private goods are<br>A)nonrival and excludable.<br>B)nonrival and nonexcludable.<br>C)always
Q22: Which one of the following goods is
Q23: Use the figure below to answer the
Q24: Use the figure below to answer the
Q25: Public goods are provided by government because<br>A)governments
Q26: Private provision of public goods<br>A)fails because the