Multiple Choice
This graph shows the marginal costs and marginal benefits associated with roadside litter clean up.Assume that the marginal cost and marginal benefit curves slope in the usual directions.
Refer to the information given above.Picking up the 20th bag of litter would:
A) be efficient.
B) increase total economic surplus.
C) create deadweight loss.
D) be socially efficient,but would not be consistent with following self-interest motives.
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Suppose there are ten people playing cards
Q19: The existence of a negative externality will
Q21: Brady owns a beachfront lot with a
Q69: Curly and Moe are considering living alone
Q78: Suppose that a vaccine is developed for
Q84: Suppose that a vaccine is developed for
Q87: Suppose there are ten people playing cards
Q100: Suppose there are ten people playing cards
Q122: In the case of _,the invisible hand
Q123: Private incentives in markets with external benefits