1. Managing the earth's resources to ensure their quality and abundance for future generations is known as. A.environmental quality B. ecological preservation C. sustainable development D. biodiversity

2. Use the following for any or all of Questions 1 through to 3 below. Consider the following model of the municipal solid waste (MSW) services market in the city of Houston.

MSC = 1.5 + 1.25Q MSB = 30 - 2.5Q

MEC = 0.75Q MEB = 0

whereQ is the number of trash containers serviced per household per month.

1. Assuming that Houston uses a flat fee pricing system for trash services, the equilibrium quantity of MSW services provided is
2. 12
3. 1.2
4. 0
5. 3

1. The dollar value of a waste-end charge that would achieve efficiency in this market is
2. $7.60
3. $11
4. $9.5
5. None of the above