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 firm's neighbor.The marginal cost of production is zero for the firm.If there is just one neighbor who owns the river,how much pollution is likely to occur?
A) 0 units
B) 500 units
C) 1000 units
D) more than 1000 units.
Correct Answer:

Verified
Correct Answer:
Verified
Q73: In the case of a good that
Q74: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure
Q75: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure
Q76: If a market is subject to a
Q77: A student that asks interesting questions during
Q79: Explain the externality generated when a shepherd
Q80: Markets tend to produce too little of
Q81: Students who talk loudly with each other
Q82: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6808/.jpg" alt=" -The above figure
Q83: Monopolizing the sale of liquor<br>A) can lead