Multiple Choice
Use the following to answer question:
-(Table: Coal Mine Pollution) Use Table: Coal Mine Pollution.The table shows the marginal social benefit and cost of various amounts of pollution from a coal mine.If 2 tons of pollution is produced,the outcome is _____ because _____.
A) efficient;MSB = MSC
B) efficient;MSB > MSC
C) inefficient;MSB > MSC
D) inefficient;MSB < MSC
Correct Answer:

Verified
Correct Answer:
Verified
Q70: (Figure: The Optimal Quantity of Pollution)Use Figure:
Q71: Assume that the federal government determines the
Q72: Which statement describes a positive externality?<br>A)Sam dug
Q73: Use the following to answer question:<br>Figure: Pollution
Q74: The marginal social cost of pollution emissions
Q76: An externality is said to be internalized:<br>A)when
Q77: The marginal social benefit from pollution _
Q78: Use the following to answer question:<br>Figure: Pollution
Q79: Use the following to answer question:<br>Figure: MSB
Q80: Suppose an emissions tax is imposed on