-The above table shows marginal costs and marginal benefits of clean air in a particular industrial area. In the table, when the quantity of clean air is at 25 percent

Question

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When the quantity of clean air is at 25 percent, the marginal benefit of clean air exceeds the marginal cost because, in economic terms, the marginal benefit of an additional unit of clean air (in terms of health benefits, environmental quality, etc.) is likely to be higher than the marginal cost of achieving that additional unit of clean air (through pollution control measures, for example) at lower levels of clean air. This is because the first units of pollution reduction are typically less costly and provide substantial benefits.

-The Above Table Shows Marginal Costs and Marginal Benefits of Clean