With the Debris of More Than 50 Years of Climbing

question 45

Multiple Choice

With the debris of more than 50 years of climbing on the beautiful high slopes - oxygen canisters, tents, backpacks and even some bodies - Mount Everest has been called the world's highest garbage dump. Currently climbers must pay only a $3,000 trash-collection fee, which is woefully less than the actual cost of collecting trash. If climbers had to pay a higher trash-collection fee, the use of this common resource would

• A) become less efficient.
• B) become more efficient.
• C) not deviate from the current level of efficiency.
• D) More information about who would collect the trash is needed.

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Definitions:

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing and able to sell, typically sloping upward.

Cotton Crop

Cotton crop refers to the cultivation of cotton plants for the harvesting of cotton fibers, which are used in the textile industry.

Pesticides Resistant

The ability of pests to withstand or overcome the effects of pesticides due to genetic mutations or adaptations, leading to a decrease in the effectiveness of the pesticides.

Equilibrium Quantity

The quantity of goods or services that is supplied and demanded at the equilibrium price, where the quantity supplied equals the quantity demanded.