When marginal damages for a pollutant vary by region, time of day, or season,
A) a uniform standard yields a socially efficient level of pollution.
B) individual standards that equate the MAC to each MD yield a socially efficient level of pollution.
C) there is no current regulation approach that will yield a socially efficient level of pollution.
D) technology standards yield a social efficient level of pollution.

Question

Quizplus · Accepted Answer

When marginal damages for a pollutant vary by region, time of day, or season, individual standards that equate the MAC to each MD yield a socially efficient level of pollution. This approach accounts for the varying costs and benefits of pollution reduction in different places and times, ensuring a more tailored and efficient approach to regulation.

When Marginal Damages for a Pollutant Vary by Region, Time