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If the Social Marginal Benefit Curve of Reducing Pollution Is

Question 47

Multiple Choice

If the social marginal benefit curve of reducing pollution is locally flat,which statement must be true?


A) The benefit to society pollution reduction is larger than if the curve is steep.
B) The marginal damage curve of pollution is steep.
C) The marginal damage curve of pollution is flat.
D) The marginal damage associated with reducing pollution is very large.

Correct Answer:

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