Multiple Choice
If producing a good or a service creates pollution,then
A) an unregulated competitive market produces an efficient output.
B) the industry's supply curve includes the extra cost of pollution.
C) at the unregulated, competitive market equilibrium quantity, marginal social cost is greater than the equilibrium price.
D) at the unregulated, competitive market equilibrium quantity, marginal social benefit and marginal social cost are equal.
E) at the unregulated, competitive market equilibrium quantity, marginal social benefit is less than the equilibrium price.
Correct Answer:

Verified
Correct Answer:
Verified
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