Solved

An Economist Might Say That the United States Doesn't Have

Question 51

Multiple Choice

An economist might say that the United States doesn't have enough oil spills in its rivers if it were determined that:


A) fewer than 1 million fish were being killed by oil spills each year.
B) the marginal benefits of more oil pollution in the river outweighed the marginal cost of preventing or cleaning up the oil spill pollution.
C) the marginal benefits of less oil pollution in the river were less than the marginal cost of reducing the amount of oil spilled at that level.
D) both B and C would lead an economist to that conclusion.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents