From an economic standpoint, the amount of pollution should be
A) zero.
B) the amount that allows firms to maximize profits.
C) the amount where firms are earning a normal rate of return on investment.
D) at the point at which the marginal benefit from further reduction equals the marginal cost of further reduction.
Correct Answer:
Verified
Q163: Q164: The optimal amount of pollution is NOT Q165: Suppose people value clean air more as Q166: Q167: The optimal quantity of air pollution is Q169: The marginal cost curve of pollution abatement Q170: The marginal cost curve of pollution abatement Q171: The costs of pollution abatement Q172: The marginal benefit of pollution abatement Q173: Which of the following statements concerning pollution![]()
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A)
A)
A) increase at
A) increases
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