Taylor Lives in a Residential Neighborhood That Prides Itself on Well-Groomed
Taylor lives in a residential neighborhood that prides itself on well-groomed lawns.Taylor's neighbors find that the collective marginal benefit of someone else's well-groomed lawn is $10.Taylor,however,dislikes yard work and receives zero net benefit from an unkempt lawn and a net benefit of -$1 for a well-groomed lawn;the cost of maintaining the lawn is a dollar more than the benefit of having a well-groomed lawn.
Refer to the information given above.Taylor's neighbors would be willing to pay Taylor ______ to keep a well groomed lawn.
B)more than $1 but less than $5
C)more than $10
D)no more than $10