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If an Emission Standard Is Set to the Left of the Socially

Question 16

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

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