In General, If the Level of the Marginal Cost of Pollution

question 123

Multiple Choice

In general, if the level of the marginal cost of pollution damage equals the marginal cost of pollution abatement, then:

• A) economic efficiency is achieved.
• B) economic efficiency is not achieved.
• C) the level of pollution is zero.
• D) marginal cost of abatement is greater than marginal cost of damages.