
-In the above figure, if a firm is cleaning up
units of pollution, it is an
A) efficient solution, because marginal social benefits are greater than marginal social costs.
B) efficient solution, because marginal social benefits are equal to marginal social costs.
C) inefficient solution, because marginal social benefits are greater than marginal social costs.
D) inefficient solution, because marginal social costs are greater than marginal social benefits.
Correct Answer:
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Q174: The optimal amount of air pollution is
A)
Q177: In economic analysis, the optimal level of
Q180: Q181: The marginal benefit of pollution abatement is Q182: Q185: Generally, as levels of pollution are reduced Q189: The marginal cost of pollution abatement is 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![]()
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A)