Multiple Choice
If an abatement standard is set to achieve allocative efficiency at the national level, then
A) that standard necessarily achieves allocative efficiency in all regions
B) the standard cannot be optimal at the regional level unless the MSB and MSC for all regions are identical to one another
C) all regions will abate below the optimal level
D) at that abatement standard, all regions will face MSC higher than MSB
Correct Answer:
Verified
Correct Answer:
Verified
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