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.Suppose that the marginal cost from the production process itself (to the producer)is 0.The market-determined quantity of pollution is _____ tons.
A)0
B)2
C)4

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.Suppose that the marginal cost from the production process itself (to the producer)is 0.The market-determined quantity of pollution is _____ tons.
A)0 
B)2 
C)4

Quizplus · Accepted Answer

Since the marginal cost to the producer is 0, the producer will continue to pollute until the marginal social benefit equals zero, which occurs at the highest quantity of pollution, 8 tons.

Use the Following to Answer Question