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.If 5 tons of pollution is produced:
A)too much pollution is produced.
B)the efficient amount of pollution is produced.
C)not enough pollution is produced.
D)the socially optimum amount of pollution is produced.

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.If 5 tons of pollution is produced:
A)too much pollution is produced. 
B)the efficient amount of pollution is produced. 
C)not enough pollution is produced. 
D)the socially optimum amount of pollution is produced.

Quizplus · Accepted Answer

The marginal social cost of pollution likely exceeds the marginal social benefit at 5 tons, indicating too much pollution is produced.

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