Given the general agreement that pollution is undesirable and social welfare is increased by reducing pollution,the optimal level of pollution in a society is:
A) zero.
B) the level that reduces the marginal social costs of pollution to zero.
C) the level at which the marginal social cost is equal to the marginal social benefit.
D) the level that minimizes the average total cost of producing the product that generates the pollution.
Correct Answer:
Verified
Q1: Which activity does NOT generate a negative
Q3: A plastics manufacturing plant dumps pollution into
Q4: Which statement BEST describes a negative externality?
A)Your
Q5: Damage to the environment occurs because:
A)no one
Q6: Whenever human activity generates a concentration of
Q7: Which example illustrates a negative externality?
A)high prices
Q8: Pollution has _ and _.
A)no benefits;only costs
B)benefits;costs
C)no
Q9: A negative externality:
A)is any cost above the
Q10: An industry with production that generates external
Q11: Which activity generates a negative externality?
A)You buy
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