OPolitical Economy and Public Choice: End of Chapter ProblemIn a small city, a proposed change to trash collection policies would result in 250 people receiving a benefit equivalent to $800 each, but it would also result in 200,000 people bearing a cost equivalent to $3 each.
a. The net benefit/loss to society of the policy change is $
b. Is this policy likely to be enacted? Why or why not?
