Use the following to answer question:
-(Table: Coal Mine Pollution)Use Table: Coal Mine Pollution.The table shows the marginal social benefit and cost of various amounts of pollution from a coal mine.At the efficient quantity of pollution,the marginal social cost of pollution is _____ the marginal social benefit of pollution.
A)greater than
B)equal to
C)less than
D)unrelated to

Question

Use the following to answer question: 
-(Table: Coal Mine Pollution)Use Table: Coal Mine Pollution.The table shows the marginal social benefit and cost of various amounts of pollution from a coal mine.At the efficient quantity of pollution,the marginal social cost of pollution is _____ the marginal social benefit of pollution.
A)greater than 
B)equal to 
C)less than 
D)unrelated to

Quizplus · Accepted Answer

At the efficient quantity of pollution, the marginal social benefit and cost are equal, therefore the marginal social cost of pollution is equal to the marginal social benefit of pollution, making the answer B.

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