According to economic analysis, the optimal quantity of pollution exists at the point at which the

Question

Quizplus · Accepted Answer

The optimal quantity of pollution exists at the point at which the marginal benefit of pollution control is equal to the marginal cost. This is because at this point, the society gains the maximum possible benefit from reducing pollution without incurring any additional costs. A is not correct because the total benefit and total cost may not be equal at the optimal level of pollution. C is not correct because it may not be feasible or desirable to achieve zero pollution. D is not correct because what is acceptable to society may not necessarily be the optimal level of pollution from an economic perspective.

According to Economic Analysis, the Optimal Quantity of Pollution Exists