Multiple Choice
An economist might say that the United States doesn't have enough oil spills in its rivers if it were determined that:
A) fewer than 1 million fish were being killed by oil spills each year.
B) the marginal benefits of more oil pollution in the river outweighed the marginal cost of preventing or cleaning up the oil spill pollution.
C) the marginal benefits of less oil pollution in the river were less than the marginal cost of reducing the amount of oil spilled at that level.
D) both B and C would lead an economist to that conclusion.
Correct Answer:

Verified
Correct Answer:
Verified
Q65: The _ is the amount by which
Q66: Use the following to answer question(s): Net
Q67: If the price of popcorn is $0.50
Q68: In our society, a good for which
Q69: The tendency of people or firms to
Q71: Use the following for questions 55-59.<br>Exhibit: Marginal
Q72: Use the following to answer question(s): Measuring
Q73: Use the following to answer question(s): Model
Q74: If the price of popcorn is $0.50
Q75: If the marginal benefit received from a