Your local government is considering how to finance solid waste collection service. The government has acquired automated waste collection trucks that use an automated arm to empty specific trash containers. The government is evaluating three potential plans:

(a) provide the containers free to residents and pay collection service costs from prop-erty taxes;

(b) provide the containers to residents for an annual fixed fee ($50 per year) and pay collection service costs from property taxes; and

(c) provide the containers free to residents and charge a weekly collection fee of $5 (billed quarterly) to cover service costs, with an extra fee for anything that exceeds the container. What are the economic advantages and disadvantages of each financing proposal? Which do you prefer? Which of these (or something different) does your local govern-ment use?