(Table: Benefits and Costs of Lawn Mowing) Answer the following question. Besides carrying external marginal costs, suppose that lawn cutting also generates an external marginal benefit of $10. Given this, the socially optimal number of times that a lawn should be mowed in a month is ____.
A) 1
B) 3
C) 4
D) 5

Question

(Table: Benefits and Costs of Lawn Mowing) Answer the following question.  Besides carrying external marginal costs, suppose that lawn cutting also generates an external marginal benefit of $10. Given this, the socially optimal number of times that a lawn should be mowed in a month is ____.
A) 1 
B) 3 
C) 4 
D) 5

Quizplus · Accepted Answer

The Answer of (Table: Benefits and Costs of Lawn Mowing) Answer the following question.  Besides carrying external marginal costs, suppose that lawn cutting also generates an external marginal benefit of $10. Given this, the socially optimal number of times that a lawn should be mowed in a month is ____.
A) 1 
B) 3 
C) 4 
D) 5

(Table: Benefits and Costs of Lawn Mowing) Answer the Following