-In the Above Figure, If a Firm Is Cleaning Up

question 239

Multiple Choice

-In the above figure, if a firm is cleaning up units of pollution, it is an

• A)efficient solution, because marginal social benefits are greater than marginal social costs.
• B)efficient solution, because marginal social benefits are equal to marginal social costs.
• C)inefficient solution, because marginal social benefits are greater than marginal social costs.
• D)inefficient solution, because marginal social costs are greater than marginal social benefits.

---

Definitions:

Common Directions

Guidelines or instructions shared among a group to ensure cohesive movements or decisions.

Business-Level Strategy

A plan that outlines how a company will compete in a particular market, including choices about product and service offerings.

Competitive Strategy

A plan of action designed to achieve a sustainable advantage over competitors, through understanding and responding to competitive forces.

Contingency Strategy

A plan prepared to address specific unforeseen events or situations that may impact the organization.