Practice Exam OneName_____________________Chapter 11. Residents of your city are charged a fixed weekly fee of $6 for garbage collection. They areallowed to put out as many cans as they wish. The average household disposes of three cans ofgarbage per week under this plan. Now suppose that your city changes to a “tag” system. Eachcan of refuse to be collected must have a tag affixed to it. The tags cost $2 each and are notreusable. What effect do you think the introduction of the tag system will have on the totalquantity of garbage collected in your city? Explain briefly.2. A local restaurant offers an all-you-can-eat lunch buffet for $5. To celebrate its tenth year inbusiness, the restaurant lets every tenth customer have the buffet for free.
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