An Environmental Activist Describes an Environment Canada Requirement for a $700

question 40

Multiple Choice

An environmental activist describes an Environment Canada requirement for a $700 air pollution control device for all cars as a policy that leads to the socially optimal reduction in pollution.In terms of the diagram above,for this to be true,it must be the case that the

• A) marginal cost is lower than MC.
• B) marginal benefit is lower than MB.
• C) true marginal cost is greater than MC.
• D) true marginal benefit is greater than MB.
• E) marginal benefit is the only issue to consider.

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Definitions:

Rapid Charge

A method of quickly charging a battery to its capacity, often used in electric vehicles and mobile devices to decrease downtime.

12-volt Batteries

Rechargeable electrical storage devices commonly used in vehicles and various electronic systems, providing 12 volts of direct current.

Alessandro Volta

An Italian physicist known for the invention of the voltaic pile, considered one of the first electrical batteries.