Multiple Choice
Economic analysis suggests that if the marginal cost of pollution abatement differs for two firms,the least cost pollution abatement strategy would require:
A) that both firms are limited to the same total pollution.
B) that the firms engage in different levels of pollution abatement but incur the same marginal cost of abatement.
C) that the firms engage in different levels of pollution abatement as long as they incur different marginal costs.
D) that the firms engage in different levels of pollution abatement but incur the same opportunity cost.
Correct Answer:

Verified
Correct Answer:
Verified
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