The optimal amount of social regulation occurs where the marginal benefit of such regulation
A)equals the marginal cost.
B)exceeds the marginal cost by the greatest amount.
C)is zero.
D)is at its maximum.

Question

Quizplus · Accepted Answer

The optimal amount of social regulation occurs where the marginal benefit equals the marginal cost, ensuring that the resources are used efficiently and the net benefit of regulation is maximized.

The Optimal Amount of Social Regulation Occurs Where the Marginal