If the Marginal Social Benefit Received from Pollution Is Equal

question 51

Multiple Choice

If the marginal social benefit received from pollution is equal to its marginal social cost:

• A)society's well-being can be improved if the quantity of pollution increases.
• B)society's well-being can be improved if the quantity of pollution decreases.
• C)society has achieved its socially optimal level of pollution.
• D)the market is producing too much pollution.

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Definitions:

Unreasonable Public Disclosure

The act of making public private information about an individual in a way that a reasonable person would find objectionable.

Private Facts

Information about a person that is not public knowledge and that the individual has chosen to keep private; disclosure of such information may lead to legal consequences.

Absolute

Unconditional; complete and without restrictions or limitations.

Conditional

Subject to one or more conditions or requirements being met; not absolute.