Based on the Criteria of Allocative Efficiency, an Abatement Standard

Multiple Choice

Based on the criteria of allocative efficiency, an abatement standard is set optimally if

A) that standard is benefit-based
B) it is set where the MSB of abatement is equal to Σ(MAC_mkt + MCE) .
C) the least amount of resources is used to achieve the standard
D) it is set at the point where MSB of abatement equals zero