Following Questions Are Based on the Following Information

question 119

Multiple Choice

Following Questions are based on the following information.
In a small city located on a lake,the raw sewage of the city is dumped directly into the lakE.This has been a source of distress for citizens who like to swim,fish,and water ski.A study has been instituted to determine what value the citizens place on pollution control,and the results are listed in the following tablE.Costs of pollution control are also listed.

-The marginal social benefit of the sixth unit of pollution control is

• A)$495,000
• B)$180,000
• C)$80,000
• D)$60,000
• E)$40,000

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Definitions:

Consumerism

A movement, made up of citizens and government entities, that focuses on protecting consumers and promoting their interests.

Consumers

Individuals or entities that purchase goods or services for personal use and not for manufacturing or resale purposes.

Consumerism

The societal and economic order that encourages the acquisition of goods and services in ever-increasing amounts.

Government Agencies

Organizations established by a government to perform specific functions, such as regulation or enforcement of laws and policies.