Consider the example of household refuse collection in minneapolis. assume that the marginal social cost (msc) of collecting and disposing of it is $0.15/lb. suppose that in 2011 there was a fee of $0.05/lb being charged and the quatity of refuse collected was 2.5lb/p/d. suppose that in 2012 the fee was $0.1/lb and the quantity of refuse collected was 2.00lb/p/d. now, the government is planning to increase the fee in 2014 to $0.12/lb.(a) assuming a linear demand function, calculate the change in total surplus from an increase in the fee from $0.10/lb to $0.12/lb.(b) what is the optimal fee that would maximize social surplus?

Blanchard and peale am i in compliance with the law? what contribution does this choice of action make to the company, the shareholders, the community, and others? what are the short- and long-term consequences of this decision? 1. make sure you have a grasp of all of the facts available. 2. list any information you would like to have but don't and what assumptions you would have to make, if any, in resolving the dilemma. 3. take each person involved in the dilemma and list the concerns they face or might have. 4. develop a list of resolutions for the problem. 5. evaluate the resolutions for costs, legalities, and impact. 6. make a recommendation on the actions that should be taken. "contemplating any business act, an employee should ask himself whether he would be willing to see it immediately described by an informed and critical reporter on the front page of his local paper, there to be read by his spouse, children, and friends." is it legal? is it balanced? how does it make me feel?