In closing down a military base, environmental inspectors found ...

[Sportsfan2111]

In closing down a military base, environmental inspectors found 100 tons of toxic waste. Which of the following is NOT a determinant of the consumer surplus generated by cleaning up 40 tons of waste?
 
  A) The price of removing a ton of toxic waste
  B) The original quantity of toxic waste found by the inspectors
  C) The quantity of toxic waste removed by cleanup
  D) The effect of each ton reduction of toxic waste on the profitability of the alternative uses for this land
  E) The effect of each ton reduction of toxic waste on the health of citizens living near the base

Question 2

The link between incentives and economic growth suggests a certain trade-off between equity and efficiency.
 
  Indicate whether the statement is true or false

[bhavsar]

Answer to Question 1

B

Answer to Question 2

T

[Sportsfan2111]

Thanks for the timely response, appreciate it

[aliotak]

Great answer, keep it coming