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:

Pleasing Result

An outcome that brings satisfaction or happiness.

Developmental Delay

A condition where a child does not reach their developmental milestones at the expected times.

Piaget's Theory

A framework developed by Jean Piaget that outlines stages of cognitive development in children, describing how they construct a mental model of the world.

Own Perspective

An individual's unique viewpoint or attitude towards a particular topic or situation based on personal experience and beliefs.