When _____,we are at the optimal amount of pollution.
A) pollution is at zero
B) pollution is equal to the amount produced in an unregulated market
C) the total cost of pollution is equal to the total cost of pollution abatement
D) the marginal cost of pollution is equal to the marginal cost of pollution abatement
Correct Answer:
Verified
Q16: When there is no market for a
Q17: Although the reciprocal nature of the problem
Q18: An externality is_.
A)an unintended by-product of market
Q19: Corrective taxes are often difficult to implement
Q20: The producers of externalities prefer _ to
Q22: Marketable pollution rights _.
A)make producers pay for
Q23: Other things being equal,corrective taxation is superior
Q24: The optimal amount of pollution is zero.
Q25: Positive externalities are _ because their producers
Q26: Positive externalities can be dealt with by
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