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The Marginal Benefit of Reducing Pollution and the Marginal Cost

question 69

Multiple Choice

The marginal benefit of reducing pollution and the marginal cost of reducing pollution are given by the following equations: MB = - 2U2 + 18,and MC = 2U2 + 2,where U is the number of units of pollution abatement.What is the optimal level of pollution abatement?


Definitions:

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The process involving cells responsible for bone formation and mineralization.

Canine Tooth

The pointed tooth found in the mouth of mammals that sits between the incisors and premolars, used for tearing food.

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