Use the following diagram to answer the following questions.

-Refer to Miles. Suppose individuals are currently traveling at the efficient level of 1,500 miles. The level of pollution would be:

Question

Use the following diagram to answer the following questions.
 
-Refer to Miles. Suppose individuals are currently traveling at the efficient level of 1,500 miles. The level of pollution would be:

Quizplus · Accepted Answer

At the efficient level of travel, there is still some pollution produced, but it is at a level where the marginal social benefits equal the marginal social costs. Therefore, pollution would be greater than zero but managed in a way that balances benefits and costs.

Use the Following Diagram to Answer the Following Questions