Use the Following to Answer Question

question 90

Multiple Choice

Use the following to answer question:
Figure: Efficiency and Pollution
-(Figure: Efficiency and Pollution) Use Figure: Efficiency and Pollution.Assume that firms are the only beneficiaries of pollution and that costs are borne solely by others in the society.In the absence of government intervention,the marginal social cost of pollution will equal _____,and the marginal social benefit of pollution will equal _____.

• A)$25;$5
• B)$5;$25
• C)$15;$15
• D)$25;$0

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Definitions:

Composition

The chemical and mineralogic makeup of a material, including rocks, minerals, or atmospheres.

Sedimentary Clasts

Sedimentary rock fragments or grains that were previously broken from older rocks and then compacted and cemented to form a new rock.

Fracturing

The process of creating fractures or cracks within rocks, often artificially induced to enhance permeability in subsurface reservoirs for resources like oil or gas.

Angular Pieces

Describes fragments of rock or material that have sharp edges and are not rounded, often found in sediment or debris flows.