Solved

If a Firm Is Taxed for Each Unit of Waste

Question 286

Multiple Choice

If a firm is taxed for each unit of waste it produces, the firm will decrease the amount of waste produced until:


A) there is no waste produced.
B) the marginal cost from decreasing waste is zero.
C) the marginal cost of decreasing waste is equal to the marginal benefit from decreasing waste.
D) the marginal benefit from decreasing waste is equal to zero.

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