MCQ Hive stays free thanks to ads. Please disable your ad blocker for this site so content and features keep working.
Economics Mcqs
Q
Suppose each of 20 neighbours on street values street repairs at €3000 the cost of the street repair is €40,000 which of the following statements is true ?
AA. It is efficient for the government to tax the resident €2,000 each and repair the road
BB. It is efficient for each neighbour to pay €3,000 to repair the section of street in front of his/her home
CC. None of these answers are true
DD. It is not efficient to have the street repaired
Correct Answer:
A. A. It is efficient for the government to tax the resident €2,000 each and repair the road