-The Table Above Shows Information About the Costs and Benefits

question 7

Multiple Choice

-The table above shows information about the costs and benefits of a steel smelter that pollutes the air of a city. If the marginal external cost is $10 per tonne at every quantity of steel produced, the equilibrium quantity when the steel industry is unregulated is _______ tonnes per week.

• A) 25
• B) 15
• C) 5
• D) 20

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Definitions:

Human-Related Activities

Actions and behaviors performed by humans that have an impact on the natural environment, often contributing to environmental degradation.

Boreal Forest

A large biome of coniferous forest located in the northern regions of the world, characterized by cold climates and long winters.

Coral Bleaching

occurs when corals lose their vibrant colors due to stress factors such as increased temperatures, leading to a weakened state with reduced growth and reproductive ability.