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We are evaluating a litter removal policy with a marginal benefit function of MB=50-Q and a marginal cost function of MC=10+Q, where Q is the
- We are evaluating a litter removal policy with a marginal benefit function of MB=50-Q and a marginal cost function of MC=10+Q, where Q is the number of miles of highway cleaned.
- Find the optimal level of clean up in this market.
- Find the net benefits of cleaning up 10 miles. Does that pass a cost benefit test?
- Find the net benefits of cleaning up 25 miles. Does that pass a cost benefit test?
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The Economics Of The Environment
Authors: Peter Berck, Gloria Helfand
1st Edition
978-0321321664, 0321321669
