In Order to Minimize the Net Cost of Pollution Reduction,the

question 67

Multiple Choice

In order to minimize the net cost of pollution reduction,the level of pollution reduction (the amount of a pollutant not released into the environment) should be the level at which

• A)the marginal benefit of reducing pollution exceeds the marginal cost of reducing pollution by the greatest possible amount.
• B)the total benefit of reducing pollution equals the total cost of reducing pollution.
• C)the marginal benefit of reducing pollution equals the marginal cost of reducing pollution.
• D)the total cost of reducing pollution is minimized and the total benefits of reducing pollution are maximized.

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Definitions:

Pride

A sense of profound contentment that comes from personal accomplishments, the successes of close associates, or from having attributes or belongings that are broadly esteemed.

Accomplishments

Achievements or completed tasks that are often recognized as an indicator of competence or mastery in a particular area.

Erikson

A psychologist known for his theory on the psychological development of human beings across eight stages of life.

Early Childhood

A critical period of development that spans from birth to approximately eight years old, focusing on physical, cognitive, and social growth.