The Diagram Below Shows the Marginal Costs of Pollution Abatement

question 62

Multiple Choice

The diagram below shows the marginal costs of pollution abatement for two firms,Firm 1 and Firm 2.
FIGURE 17-5
-Refer to Figure 17-5.If the government requires each firm to abate Q3 units of pollution,the social costs of this abatement

• A)would be minimized.
• B)could be reduced further if each firm was required to abate more.
• C)could be reduced further if Firm 1 increased its abatement and Firm 2 reduced its abatement by the same amount.
• D)could be reduced further if Firm 2 increased abatement and Firm 1 reduced its abatement by the same amount.
• E)could be reduced further if each firm was allowed to pollute more.

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Definitions:

Tertiary Prevention

A type of prevention practised after suffering or disability from the disease is being experienced, with the goal of preventing further deterioration. See also primary prevention and secondary prevention.

Public Health Approach

An approach to community psychology characterized by the following steps: (1) identifying a disease and developing a reliable diagnostic method (descriptive epidemiology); (2) developing a theory of the disease’s course of development on the basis of laboratory and epidemiological research (analytic epidemiology); and (3) developing and evaluating a disease prevention program (experimental epidemiology). The thrust of the approach is to reduce environmental stressors while enhancing people’s capacities to withstand those stressors.

Diagnosis

In the realm of medicine and abnormal psychology, a determination or identification of the nature of a person’s disease or condition, or a statement of that finding. A diagnosis is made on the basis of a diagnostic system.

Development Taken

Refers to the process and progress made in a particular area, project, or aspect.