Recall the Application about determining the optimal level of methane abatement to answer the following question(s).
-Recall the Application.What does the optimal level of methane abatement depend on?
A) the level at which the polluting firms are able to maximize their profits
B) the total cost of abatement
C) the marginal benefit of abatement
D) It is not possible to determine an optimal level of methane.

Question

Quizplus · Accepted Answer

The optimal level of methane abatement depends on the marginal benefit of abatement. This means that we need to find the point where the additional benefit from abatement equals the additional cost of abatement. Therefore, the optimal level of abatement is where the marginal cost of abatement equals the marginal benefit of abatement.

Recall the Application About Determining the Optimal Level of Methane