Multiple Choice
According to the law of increasing costs,as the United States expends more of its resources on reducing air pollution,
A) the quantity of other goods that must be given up for further reductions in air pollution will decrease.
B) the quantity of other goods that must be given up for further reductions in air pollution will increase.
C) the social cost of additional air pollution will increase.
D) there will be no change in the marginal cost of reducing air pollution.
Correct Answer:

Verified
Correct Answer:
Verified
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