The Marginal Benefit Received from Pollution Is Less Than Its

question 105

Multiple Choice

The marginal benefit received from pollution is less than its marginal cost in the market for highly polished glass.In this situation:

• A)firms in the market produce the socially optimal level of pollution.
• B)society's well-being cannot be improved by changing the quantity of pollution.
• C)firms in the market produce too much pollution.
• D)firms in the market produce too little pollution.