The efficient rate of emissions occurs when:
A) there is absolutely no damage done to a pristine environment.
B) government forbids all pollution no matter what the cost.
C) the marginal social benefits of pollution exceed the marginal social costs of pollution.
D) the change in social benefits and the change in social costs due to an additional unit of emissions are equal.

Question

Quizplus · Accepted Answer

The efficient rate of emissions is achieved when the marginal social cost of pollution equals the marginal social benefit, meaning the additional cost of one more unit of emissions is equal to the additional benefit derived from it.

The Efficient Rate of Emissions Occurs When