Use the Following Statements to Answer This Question: I

Multiple Choice

Use the following statements to answer this question: I. The efficient amount of recycling of scrap materials is the amount that equates the marginal social cost of scrap disposal to the marginal cost of recycling.
II) The efficient amount of recycling of scrap materials occurs when society recycles all recyclable wastes.

A) Both I and II are true.
B) I is true, and II is false.
C) I is false, and II is true.
D) Both I and II are false.