Multiple Choice
Use the figure below to answer the following question.
Figure 17.2.2
-Refer to Figure 17.2.2. 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
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