Microeconomics: Principles, Applications, and Tools (8th Edition)

by O'Sullivan, Arthur; Sheffrin, Steven; Perez, Stephen

Published by Prentice Hall

ISBN 10: 0-13294-886-9

ISBN 13: 978-0-13294-886-9

Chapter 16 - External Costs and Environmental Policy - Exercises - 16.3 Traditional Regulation - Page 374: 3.8c

Answer

marginally worthwhile, but not strictly beneficial

Work Step by Step

Soundproofing costs \$30, which is exactly the value of extra CS gained; she breaks even. It is marginally worthwhile, but not strictly beneficial.

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