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When Marginal Damages for a Pollutant Vary by Region, Time

question 32

Multiple Choice

When marginal damages for a pollutant vary by region, time of day, or season, a(n) ________ will not be socially efficient but ________ that set the MAC curve equal to each MD curve are socially efficient.


Definitions:

Standard Deviation

A measure in statistics that quantifies the amount of variation or dispersion of a set of numeric values.

Sample Scores

Quantitative values or measurements obtained from a subset of a population for research or analysis purposes.

Representative

Something, such as a person or sample, that accurately reflects the larger group or whole it is intended to stand in for.

Sample Statistics

Numerical data that describe characteristics of a sample, a subset of the population being studied.

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