For a Good Whose Production Creates Pollution, When Marginal Social

question 124

Multiple Choice

For a good whose production creates pollution, when marginal social cost equals marginal social benefit, then
I. there is no pollution.
II. resources are utilised efficiently.

• A) I only
• B) II only
• C) Neither I nor II
• D) Both I and II

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Definitions:

Nasal Congestion

The blockage of the nasal passages typically due to inflammation of the membranes lining the nose from infection or allergies.

Pulmonary Embolism

A blockage in one of the pulmonary arteries in the lungs, typically caused by blood clots that travel to the lungs from the legs or other parts of the body.

Pulmonary Edema

A condition characterized by excess fluid accumulation in the lungs, often leading to difficulty breathing.

Pneumothorax

The presence of air or gas in the pleural cavity. The lung typically collapses with pneumothorax.