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According to the Model of a Deposit-Refund System

Question 23

Multiple Choice

According to the model of a deposit-refund system


A) the deposit paid captures the MSC of improper waste disposal (MSCIW)
B) the refund represents the MPB of improper waste disposal (MPBIW)
C) if the deposit is set equal to the MECIW at the competitive equilibrium, the efficient outcome is achieved
D) the deposit converts the excess amount of illegal waste disposal to legal waste disposal
E) none of the above

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