Multiple Choice
If an emission standard is set to the left of the socially efficient point of emissions, the result will be a socially inefficient level of pollution and _________ will be greater than __________.
A) total damages; total abatement costs
B) total abatement costs; total damages
C) marginal damages; marginal abatement costs
D) marginal abatement costs; marginal damages
Correct Answer:

Verified
Correct Answer:
Verified
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