If households could be charged differently for different types of garbage,

A) the total amount of garbage would be reduced.
B) recycling would be more difficult.
C) costs of collecting garbage could be kept much lower.
D) billing for garbage collection would be much easier.
E) there would be a change in the types of items that are disposed of as garbage.

E

Economics

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Efficiency in a market occurs when the production of the good is such that

A) marginal benefit exceeds marginal cost. B) marginal benefit equals marginal cost. C) marginal benefit is lower than marginal cost. D) the marginal cost stops increasing. E) marginal benefit exceeds marginal cost by the maximum amount possible.

Economics

What would be the long-run equilibrium result of output expansion in a decreasing-cost industry?

Economics