
-In the above figure, if a firm is cleaning up
units of pollution, it is an
A) efficient solution because marginal social benefits are greater than marginal social costs.
B) efficient solution because marginal social benefits are equal to marginal social costs.
C) inefficient solution because marginal social benefits are greater than marginal social costs.
D) inefficient solution because marginal social costs are greater than marginal social benefits.
Correct Answer:
Verified
Q183: According to economic analysis, the optimal quantity
Q185: Generally, as levels of pollution are reduced
A)
Q195: Generally, as levels of pollution are reduced,
A)
Q196: Q197: The marginal benefit of the pollution abatement Q201: When negative externalities exist, a voluntary agreement Q225: Common property is Q228: The costs associated with reaching and enforcing Q238: A farmer notices that a neighboring rancher's Q242: In general, pollution exists if![]()
A) property that has mineral
A) people are
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