The efficient level of pollution is the quantity at which:
A)its total benefits exceed its total costs to society by the greatest possible amount.
B)its total benefits to society equal its total costs to society.
C)the marginal social benefit of an additional unit of pollution is greater than the marginal social cost of the additional unit.
D)the marginal social benefit of an additional unit of pollution is less than the marginal social cost of the additional unit.

Question

Quizplus · Accepted Answer

The efficient level of pollution is the quantity at which its total benefits exceed its total costs to society by the greatest possible amount. This is because at this level, society is getting the most benefit from pollution while minimizing the costs.

The Efficient Level of Pollution Is the Quantity at Which