Multiple Choice
-Refer to the diagram above.An Environment Canada requirement for a $700 air pollution control device for all cars would__________ the socially optimal reduction in pollution because __________.
A) be equal to;any and all reductions in pollution are warranted
B) not be equal to;the marginal cost exceeds the marginal benefit
C) not be equal to;the reduction is less than 100%
D) not be equal to;the marginal benefit exceeds the marginal cost
E) be equal to;there is no other way to force the auto industry to reduce emissions
Correct Answer:

Verified
Correct Answer:
Verified
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