Suppose That, at the Current Level of Pollution, the Marginal

Multiple Choice

Suppose that, at the current level of pollution, the marginal abatement cost is $30,000 and the marginal cost of pollution is $80,000. This economy is producing:

A) an efficient level of pollution if the total cost of pollution is $50,000.
B) too little pollution and should increase its pollution level.
C) too much pollution and should reduce its pollution level.
D) an efficient level of pollution if the marginal cost of pollution is $110,000.