If the marginal damage caused by a certain type of pollution is $100 billion and the marginal cost of abatement is $180 billion, then
A) society would be better off with zero pollution.
B) society would be better off if emissions were increased.
C) command and control policies should always be used.
D) society would be better off if emissions were reduced.
Correct Answer:
Verified
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A) zero.
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