Use the following to answer questions :
Figure: Pollution and Efficiency
-(Figure: Pollution and Efficiency)Use Figure: Pollution and Efficiency.In this market,whose sulphur emissions are a result of production,an efficient solution takes place at a price of _____ and a quantity of _____.
A) $5;40
B) $15;30
C) $25;30
D) $15;15

Question

Use the following to answer questions :
Figure: Pollution and Efficiency 
-(Figure: Pollution and Efficiency)Use Figure: Pollution and Efficiency.In this market,whose sulphur emissions are a result of production,an efficient solution takes place at a price of _____ and a quantity of _____.
A) $5;40 
B) $15;30 
C) $25;30 
D) $15;15

Quizplus · Accepted Answer

In the figure, the efficient solution is where the Marginal Social Cost (MSC) curve intersects with the Marginal Private Cost (MPC) curve. This happens at a price of $15 and a quantity of 30. So, option B is the correct answer.

Use the Following to Answer Questions