Use the following to answer question(s): A Market for Pollution

-(Exhibit: A Market for Pollution) If there is neither too little nor too much pollution, the level of emissions per period will be _______ , and the market is _______ .

Question

Use the following to answer question(s): A Market for Pollution
 
-(Exhibit: A Market for Pollution) If there is neither too little nor too much pollution, the level of emissions per period will be _______ , and the market is _______ .

Quizplus · Accepted Answer

If there is neither too little nor too much pollution, the level of emissions will be equal to Q, which represents the efficient level of emissions. Therefore, the market is efficient.

Use the Following to Answer Question(s): a Market for Pollution