Solved

If the Marginal Social Benefit Received from Pollution Is Greater

Question 156

Multiple Choice

If the marginal social benefit received from pollution is greater than its marginal social cost in a market:


A) an increase in the quantity of pollution will be in society's best interest.
B) a decrease in the quantity of pollution will be in society's best interest.
C) the socially optimal level of pollution has been attained.
D) the market is producing too little pollution.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions