The optimal amount of pollution abatement is such that
A) there is no remaining pollution.
B) governments have successful anti- pollution legislation in effect.
C) the marginal private cost of reducing pollution is just equal to the profit of the polluting firms.
D) the marginal social cost of reducing pollution is just equal to the marginal social benefits from doing so.
E) none of the above; there is no optimal amount of pollution abatement .
Correct Answer:
Verified
Q30: The figure below shows the demand and
Q31: The main advantage of using market- based
Q32: The diagram below shows the marginal cost
Q34: If the government imposes a tax for
Q36: A policy that puts a price on
Q37: Consider the following equation:
Q38: Global GHG emission reductions are unlikely to
Q39: The figure below shows the marginal benefit
Q40: Direct pollution controls can be criticized from
Q96: The use of emissions taxes as a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents