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Why Isn't "Zero Emissions" Generally a Socially Efficient Level of Pollution

Question 327

Multiple Choice

Why isn't "zero emissions" generally a socially efficient level of pollution?


A) Only command and control policies could achieve this outcome.
B) No one in society actually desires this level of emissions.
C) The marginal damage from emissions would greatly exceed the marginal abatement cost.
D) The marginal abatement cost would greatly exceed the marginal damage from emissions.

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