The efficient rate of emissions occurs when:
A)there is absolutely no damage done to a pristine environment.
B)government forbid s all pollution,no matter what the cost.
C)the marginal social benefits of pollution exceed the marginal social costs of pollution.
D)the change in social benefits and the change in social costs from an additional unit of emissions are equal.

Question

Quizplus · Accepted Answer

The efficient rate of emissions occurs when the change in social benefits and the change in social costs from an additional unit of emissions are equal. This ensures that the overall net benefit to society is maximized, as any further increase or decrease in emissions would result in a decrease in overall net benefit. This concept is known as the "marginal social benefit = marginal social cost" principle. Choices A and B are unlikely to be feasible or desirable, as completely eliminating emissions would be unrealistic and could harm the economy, while completely forbidding all pollution would also have significant economic costs. Choice C does not necessarily result in the most efficient outcome, as it only considers the benefits and costs of pollution but not the overall net benefit to society.

The Efficient Rate of Emissions Occurs When