Multiple Choice
-Refer to Table 3.1.Suppose there is a monthly tax of $100 on the house that you rent.How does this affect the number of hours you spend mowing the lawn?
A) Less time would be spent mowing the lawn because the cost of mowing the lawn would increase
B) Less time would be spent mowing the lawn because the benefit of mowing the lawn would decreases
C) More time would be spent mowing the lawn because the net benefits of mowing the lawn would increase
D) There would be no change in the amount of time spent mowing the lawn
Correct Answer:
Verified
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