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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:

Fight-or-Flight Response

A physiological reaction that occurs in response to a perceived harmful event, attack, or threat to survival.

Sodium Excretion

The process by which the kidneys remove excess sodium ions from the body to maintain fluid and electrolyte balance.

Internal Fertilization

The process by which sperm fertilizes an egg inside the body of an organism, common in terrestrial animals.

External Fertilization

The process in which gametes meet outside the body, typically when females release eggs and males release sperm into the surrounding water; occurs in most aquatic invertebrates, bony fishes, and amphibians. Compare with internal fertilization.

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