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:

Dividends

Funds disbursed by a company to its shareholders, typically originating from the firm's earnings.

Product Life Cycles

Describes the stages a product goes through from introduction to growth, maturity, and decline in the market.

Required Rate Of Return

The minimum annual percentage earned by an investment that will entice individuals or companies to put money into a particular security or project.

Dividends

Dividends are payments made by a corporation to its shareholder members, representing a portion of the corporate profits distributed.