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Your Neighbor Likes to Blast 1970's Rock Music and the Louder

Question 25

Multiple Choice

Your neighbor likes to blast 1970's rock music and the louder the better.The loud music imposes a cost on you because it disrupts your study of economics.Let D stand for the volume of his music in decibels,B for his benefits and C for your costs,where B and C are in dollars.For any given volume,D,your neighbor's benefit is Your neighbor likes to blast 1970's rock music and the louder the better.The loud music imposes a cost on you because it disrupts your study of economics.Let D stand for the volume of his music in decibels,B for his benefits and C for your costs,where B and C are in dollars.For any given volume,D,your neighbor's benefit is   and your cost is   What is your marginal cost at the socially efficient noise level? A)  $0.75 B)  $0.29 C)  $0.24 D)  $0.25 and your cost is Your neighbor likes to blast 1970's rock music and the louder the better.The loud music imposes a cost on you because it disrupts your study of economics.Let D stand for the volume of his music in decibels,B for his benefits and C for your costs,where B and C are in dollars.For any given volume,D,your neighbor's benefit is   and your cost is   What is your marginal cost at the socially efficient noise level? A)  $0.75 B)  $0.29 C)  $0.24 D)  $0.25 What is your marginal cost at the socially efficient noise level?


A) $0.75
B) $0.29
C) $0.24
D) $0.25

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