Exhibit 17-3 In Exhibit 17-3, the optimal air quality level is
A)0
B)40
C)50
D)70
E)100

Name: Exhibit 17-3 In Exhibit 17-3, the optimal air quality level is A)0 B)40 C)50 D)70 E)100
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Question

Exhibit 17-3  In Exhibit 17-3, the optimal air quality level is
A)0 
B)40 
C)50 
D)70 
E)100

Quizplus · Accepted Answer

The optimal air quality level in Exhibit 17-3 is where the marginal benefit of reducing pollution equals the marginal cost of reducing pollution. This occurs at a pollution level of 50, where the marginal benefit and marginal cost intersect. Therefore, the best choice is C.

Exhibit 17-3 in Exhibit 17-3, the Optimal Air Quality