Figure 7B -Refer to Figure 7B. the Marginal Damage Cost Curve Implies

Multiple Choice

Figure 7B

-Refer to Figure 7B. The marginal damage cost curve implies that …

A) Beyond Q2, society's WTP for the next incremental increase in environmental
improvement is extremely high.
B) Beyond Q2, society's WTP for the next incremental increase in environmental
improvement is extremely low.
C) At Q1, society's WTP is optimized.
D) At Q2, society's WTP is optimized.
E) None of the above.