Question: 2 4 - Cleanville is evaluating a cleanup effort with the hopes of improving the quality of their local lake. The marginal cost of the
Cleanville is evaluating a cleanup effort with the hopes of improving the quality of their local lake. The marginal cost of the cleanup is $ and the marginal beneft is $ Assuming the city has enough money in its budget to undertake the project should the city undertake the project?
The marginal bencit is greater maginaf cost, so the city should undertake the project.
The marginal benefit is less marginal cost, so the city should not undertake the project.
The marginal benefit is tiess than the marsinal cost, so the city should undertake the project.
The marginal benefit is greater than the marginal cost, so the city should not undertake the project.
The satisfaction or happiness one gets from consuming a pood of envice its culted
price.
utility,
income.
profits.
The satisfaction or happiness one gets from consuming a pood of envice its culted
price.
utility,
income.
profits.
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