Multiple Choice
Use the following to answer question:
Figure: MSB and MSC of Pollution
-(Figure: MSB and MSC of Pollution) Use Figure: MSB and MSC of Pollution.Assume that firms are the only beneficiaries of pollution and that costs are borne solely by others in the society.What level of pollution would be emitted in a market economy without government regulation?
A) Q1
B) Q2
C) Q3
D) Q4
Correct Answer:

Verified
Correct Answer:
Verified
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