In the absence of property rights, factories will dump waste into a waterway up to the point where ________ equals ________.
A) marginal social cost; marginal social benefit
B) marginal social cost; marginal private cost
C) marginal private cost; marginal private benefit
D) marginal private cost; marginal social cost

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The Answer of In the absence of property rights, factories will dump waste into a waterway up to the point where ________ equals ________.
A) marginal social cost; marginal social benefit
B) marginal social cost; marginal private cost
C) marginal private cost; marginal private benefit
D) marginal private cost; marginal social cost

In the Absence of Property Rights, Factories Will Dump Waste