A New York legislator wanted to create a deposit on cigarettes butts. If implemented, people would have the incentive to not toss cigarette butts onto public streets and sidewalks and (2) pick butts up to redeem them for the cash. The degradation of the environment from littered cigarette butts is a a. private goods problem. b. Nash equilibrium. c. Tragedy of the Commons. d, cost-benefit equilibrium.

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: