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question 137

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Use the following to answer questions: Use the following to answer questions:   -(Table: Coal Mine Pollution)  The table Coal Mine Pollution shows the marginal social benefit and cost of various amounts of pollution from a coal mine. If 2 tons of pollution is produced, the outcome is _____ because _____. A)  efficient; MSB = MSC B)  efficient; MSB > MSC C)  inefficient; MSB > MSC D)  inefficient; MSB < MSC
-(Table: Coal Mine Pollution) The table Coal Mine Pollution shows the marginal social benefit and cost of various amounts of pollution from a coal mine. If 2 tons of pollution is produced, the outcome is _____ because _____.


Definitions:

Higher Risk

A condition or scenario involving a greater probability of loss or less certainty of returns, typically demanding a higher risk premium.

Interest Earned

The income received from investment assets before taxes and expenses have been deducted.

Investment

The allocation of money into financial assets, property, or other ventures in the expectation of obtaining an income or profit.

Interest Rate

The percentage of a sum of money charged for its use, often expressed as an annual percentage.

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