This graph shows the marginal cost and marginal benefit associated with roadside litter clean up. Assume that the marginal benefit curve and marginal cost curve each have their usual slope. According to this graph, the marginal benefit of litter removal is highest when the ______ bag of litter is removed. A)first B)10^th C)15^th D)30^th

Question

Quizplus · Accepted Answer

The marginal benefit curve shows that the benefit of removing each additional bag of litter decreases as more litter is removed. Therefore, the highest marginal benefit is associated with removing the first bag of litter.

This Graph Shows the Marginal Cost and Marginal Benefit Associated