As more pollution is abated, the marginal social benefit from further abatement diminishes.

Name: As more pollution is abated, the marginal social benefit from further abatement diminishes.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is because the initial efforts to reduce pollution may have a higher impact on improving public health and environmental quality, but as pollution levels decrease, the additional benefits from further abatement become smaller in comparison to the costs. Therefore, the marginal social benefit decreases.

As More Pollution Is Abated, the Marginal Social Benefit from Further