Recall the Application about determining the optimal level of methane abatement to answer the following question(s).
-Recall the Application. The EPA has estimated the cost of methane recovery at different recovery levels. Given those costs, the optimal level of methane recovery
A) depends on the estimate of the marginal benefit of methane recovery.
B) is zero because the costs exceed the benefits.
C) will increase if scientists determine that methane is not as harmful as it is currently thought to be.
D) will include only recovery from landfills and coal mines, but not from natural gas distribution.

Question

Quizplus · Accepted Answer

The optimal level of methane recovery depends on the estimate of the marginal benefit of methane recovery. This means that if the marginal benefit of methane recovery exceeds the cost, then it is optimal to recover methane up to a certain level. If the marginal benefit is less than the cost, then it is not optimal to recover any methane. Therefore, the optimal level depends on the balance between the marginal benefits and costs of methane recovery.

Recall the Application About Determining the Optimal Level of Methane