Multiple Choice
If the marginal benefit received from pollution is less than its marginal cost, then:
A) society's well-being can be improved if the quantity of pollution increases.
B) society's well-being can be improved if the quantity of pollution decreases.
C) society has achieved its socially optimal level of pollution.
D) the market is producing too little pollution.
Correct Answer:
Verified
Correct Answer:
Verified
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