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If Pollution Is Reduced Below the Socially Efficient Level

Question 153

Multiple Choice

If pollution is reduced below the socially efficient level:


A) ​the marginal cost of pollution abatement exceeds the marginal benefit of pollution abatement.
B) ​the marginal cost of pollution abatement is less than the marginal benefit of pollution abatement.
C) ​the marginal cost of pollution abatement equals the marginal benefit of pollution abatement.
D) ​nothing can be said about the relationship between the marginal cost and marginal benefit of pollution abatement.

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