If the Marginal Social Benefit Received from Pollution Is Greater

question 24

Multiple Choice

If the marginal social benefit received from pollution is greater than its marginal social cost in a market:

• A)society's well-being can be improved if the quantity of pollution decreases.
• B)firms in the market produce the socially optimal level of pollution.
• C)firms in the market produce too much pollution.
• D)firms in the market produce too little pollution.

---

Definitions:

Collective Conscience

A set of shared beliefs, ideas, and moral attitudes which operate as a unifying force within society, according to Emile Durkheim.

Shared Meanings

The common understanding or interpretation of signs, symbols, or behaviors among members of a society or group.

World Views

The fundamental cognitive orientation of an individual or society encompassing the whole of the individual's or society's knowledge and point of view.

Group Membership

The state of belonging or being a part of a group, which can influence one's identity, beliefs, and actions.