This topic contains a solution. Click here to go to the answer

Author Question: The table below shows the marginal costs and marginal benefits associated with cleaning up a ... (Read 33 times)

kled

  • Full Member
  • ***
  • Posts: 136
The table below shows the marginal costs and marginal benefits associated with cleaning up a polluted landfill site.

Cleanliness of Land (%)Marginal
Cost
($ millions)
Marginal Benefit
($ millions)
 01.2512.0
201.59.0
402.07.0
603.05.5
804.54.5
10020.04.0

TABLE 17-2

Refer to Table 17-2. Would it be socially optimal to achieve 100% cleanliness of this landfill site?
◦ No, because the net benefit to society at that level is not maximized.
◦ Yes, because the net benefit to society at that level is positive.
◦ No, because the technology for 100% cleanliness is not available.
◦ Yes, because there is a $4.0 million marginal benefit of achieving 100% cleanliness.
◦ Yes, because 100% cleanliness of the land is the only socially optimal outcome.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kled on Oct 12, 2022

bainer89

  • Full Member
  • ***
  • Posts: 181
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




kled

  • Member
  • Posts: 136
Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

 

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

For a complete list of videos, visit our video library