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-The Above Figure Shows the Marginal Benefit to a Firm

Question 89

Multiple Choice

-The above figure shows the marginal benefit to a firm of polluting in the local river while producing its output,and the marginal cost to the surrounding neighbors.The marginal cost of production is zero for the firm.If property rights are not defined,how much pollution will occur? A) 0 units B) 500 units C) 1000 units D) more than 1000 units
-The above figure shows the marginal benefit to a firm of polluting in the local river while producing its output,and the marginal cost to the surrounding neighbors.The marginal cost of production is zero for the firm.If property rights are not defined,how much pollution will occur?


A) 0 units
B) 500 units
C) 1000 units
D) more than 1000 units

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