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The Table Below Shows the Marginal Benefit and Marginal Cost

Question 50

Multiple Choice

The table below shows the marginal benefit and marginal cost of pollution abatement for an economy.
The table below shows the marginal benefit and marginal cost of pollution abatement for an economy.    TABLE 17-1 -Refer to Table 17-1.Suppose a public authority has the mandate to maximize social welfare by choosing the appropriate amount of pollution abatement.The marginal cost of reducing pollution by one unit is ________ at a(n) ________ rate. A) increasing; constant B) increasing; decreasing C) increasing; increasing D) decreasing; decreasing E) decreasing; reduced TABLE 17-1
-Refer to Table 17-1.Suppose a public authority has the mandate to maximize social welfare by choosing the appropriate amount of pollution abatement.The marginal cost of reducing pollution by one unit is ________ at a(n) ________ rate.


A) increasing; constant
B) increasing; decreasing
C) increasing; increasing
D) decreasing; decreasing
E) decreasing; reduced

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