The Socially Efficient Scale Maximizes the Net Social Benefits from a Project

Multiple Choice

The socially efficient scale maximizes the net social benefits from a project because

A) consumer preferences as revealed in market prices are maximized where MAC=MD.
B) damages are minimized where MAC=MD.
C) total abatement costs are less that total damage costs where MAC=MD.
D) net social benefits are maximized where MAC = MD.