Multiple Choice
Refer to the figure above. The marginal damages curve slopes upward because
A) higher risks are associated with higher marginal damages, such as negative health effects.
B) the cost of controlling damages increases as the risk of exposure increases.
C) total damages increase as the risk of exposure increase.
D) the technology used to control the damages varies along the curve.
Correct Answer:

Verified
Correct Answer:
Verified
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