The Socially Optimal Amount of Pollution Moderation Occurs Where Society's

question 76

Multiple Choice

The socially optimal amount of pollution moderation occurs where society's marginal:

• A)benefit of moderation exceeds its marginal cost of moderation by the greatest amount.
• B)benefit of moderation equals its marginal cost of moderation.
• C)benefit of moderation is zero.
• D)cost of moderation is at its maximum.

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Definitions:

PLC

Programmable Logic Controller; a digital computer used for automation of electromechanical processes, such as control of machinery on factory assembly lines.

Memory Area

A specific location within a computer or device storage where data is kept for retrieval and manipulation.

Computer

Any electronic device that can accept information, manipulate it according to a set of preprogrammed instructions, and supply the results of the manipulation.

Files

Digital documents or records stored in a computer system or other storage devices.