
-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)
Q187: The level of pollution at which the
Q195: Generally, as levels of pollution are reduced,
A)
Q197: The marginal benefit of the pollution abatement
Q207: Suppose people value clean air more as
Q218: All the costs associated with making, reaching,
Q223: When no property rights exist
A) no one
Q225: Common property is
A) property that has mineral
Q242: In general, pollution exists if
A) people are
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