Jisoo plants a number of trees in her garden every week, which keeps her neighborhood cool. Which of the following is true? A) The marginal social cost of planting a tree is lower than the marginal private cost of planting a tree. B) The marginal private benefit of planting a tree is higher than the marginal social benefit of planting a tree. C) There is an external benefit in planting a tree. D) There is an unexpected loss in planting trees.

Jisoo plants a number of trees in her garden every week, which keeps her neighborhood cool. Which of the following is true? A) The marginal social cost of planting a tree is lower than the marginal private cost of planting a tree. B) The marginal private benefit of planting a tree is higher than the marginal social benefit of planting a tree. C) There is an external benefit in planting a tree. D) There is an unexpected loss in planting trees.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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