What is the economically efficient level of emissions from a particular source?
A) Zero.
B) The quantity at which the marginal cost to achieve lower emissions equals the additional value of reducing pollution.
C) The level determined by EPA (Environmental Protection Agency) scientists that will save the most lives.
D) The level emitted when markets are allowed to function with no government regulation.

Question

Quizplus · Accepted Answer

The economically efficient level of emissions is achieved when the marginal cost of reducing emissions equals the marginal benefit of the reduction, ensuring resources are allocated optimally.

What Is the Economically Efficient Level of Emissions from a Particular