Multiple Choice
If Paul improves the landscape of the house by planting new grass,trimming the trees,and adding a fence,making the value of his house go up,which the following will happen?
A) Paul will be less happy because of the money he spent on his improvements.
B) The neighbors will receive external benefits.
C) The neighbors will also be forced to improve their houses.
D) The marginal social benefit will be less than the marginal cost.
Correct Answer:
Verified
Correct Answer:
Verified
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