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Use the following to answer the question below. Consider the following model of the municipal solid waste (MSW) services market in the city of Houston.

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Use the following to answer the question 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 where Q is the number of trash containers serviced per household per month. 15. The dollar value of a waste-end charge that would achieve efficiency in this market is A. $7.60 B. $11 C. $9.5 D. $30 16. Which of the following statements about deposit/refund systems is INCORRECT? A. Most deposit/refund systems in the United States are used for beverage containers and lead-acid batteries. B. Some nations use deposit/refund systems for automobile bodies. C. The deposit is imposed at the time of purchase like a retail disposal charge. D. To be a viable system, the refund must be exactly equal to the deposit. 17. Achieving both environmental quality and economic prosperity is A. represented at all points along the Kuznets Curve B. a view supported by the Nobel Laureate, Robert Solow C. the overall goal of sustainable development D. strictly a short-term objective 18. The Environmental Kuznets Curve A. models a theorized relationship between environmental pollution and population B. is positively sloped and linear C. illustrates the relationship between economic growth and environmental degradation D. graphs as a U-shaped curve 19. The pessimistic view of the shape of the Environmental Kuznets Curve is A. linear from the origin B. an inverted-U shape that flattens out after some critical income level C. a perfectly symmetric inverted-U shape D. a flattened U-shape

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