In Economic Analysis, the Optimal Level of Pollution

question 165

Multiple Choice

In economic analysis, the optimal level of pollution

• A) is always zero.
• B) arises at the point at which the marginal benefit from further reduction equals the marginal cost of further reduction.
• C) occurs at the point at which demand crosses the private cost supply curve.
• D) should be determined by the private market without any government intervention.

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Definitions:

Pseudopenis

A clitoris that is significantly enlarged to resemble a penis, found in certain species such as the spotted hyena.

Non-adaptive

Referring to traits or behaviors that do not provide a survival or reproductive advantage to an organism.

Variable Life Insurance

A type of insurance policy that does not allow for the premium or minimum coverage on one’s life to change but allows one to switch the savings from among money markets or various forms of stock.

Universal Life Insurance

A type of insurance policy that is flexible and allows one to raise or reduce premiums and the amount of coverage on one’s life.