The socially optimal quantity of pollution is:
A) zero.
B) the quantity whose marginal social cost is equal to zero.
C) the quantity whose marginal social benefit is equal to zero.
D) the quantity whose marginal social cost is equal to the marginal social benefit.
Correct Answer:
Verified
Q21: The marginal social benefit received from pollution
Q23: If the marginal social benefit received from
Q24: If a good that involves external costs
Q26: The marginal social benefit from pollution _
Q27: The marginal social cost of pollution rises
Q29: The efficient level of pollution is the
Q35: If the marginal social benefit received from
Q37: If,at the current amount of pollution,its marginal
Q38: The marginal benefit of pollution emissions _
Q40: If external costs exist,the competitive free market:
A)allocates
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