Exhibit 17-3
-In Exhibit 17-3,the optimal air quality level is
A)0
B)40
C)50
D)70
E)100

Name: Exhibit 17-3 -In Exhibit 17-3,the optimal air quality level is A)0 B)40 C)50 D)70 E)100
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Question

Exhibit 17-3 
-In Exhibit 17-3,the optimal air quality level is
A)0 
B)40 
C)50 
D)70 
E)100

Quizplus · Accepted Answer

The optimal air quality level in Exhibit 17-3 is where the marginal cost of reducing pollution is equal to the marginal benefit of reducing pollution. In this graph, that occurs at an air quality level of 50, where the marginal cost and marginal benefit curves intersect. Therefore, the best choice is option C.

Exhibit 17-3 -In Exhibit 17-3,the Optimal Air Quality Level Is