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-(Table: Coal Mine Pollution) The table Coal Mine Pollution shows the marginal social benefit and cost of various amounts of pollution from a coal mine. At the market-determined quantity of pollution, the marginal social cost of pollution is:
A) $800.
B) $400.
C) $200.
D) $0.

Question

Use the following to answer questions: 
-(Table: Coal Mine Pollution) The table Coal Mine Pollution shows the marginal social benefit and cost of various amounts of pollution from a coal mine. At the market-determined quantity of pollution, the marginal social cost of pollution is:
A) $800. 
B) $400. 
C) $200. 
D) $0.

Quizplus · Accepted Answer

The market-determined quantity of pollution occurs where the marginal social benefit equals the marginal social cost. According to the table, this occurs at a marginal social cost of $800.

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