An Environmental Economic Consulting Firm Is Hired to Measure the Negative

question 38

Multiple Choice

An environmental economic consulting firm is hired to measure the negative externalities associated with the pollution from an industry. The marginal social cost production can be expressed as $\mathrm { MSC } = 2 \mathrm { Q } + 30$ . The consultants calculate the marginal private cost production to be MPC $= \mathrm { Q } + 30$ . The market demand curve can be expressed as $P = 60 - Q$ . If the consultants have accurately measured the impact of the pollution externality, the change in social surplus from moving to the social optimum (rather than at the private optimum) is:

• A) \(\$ 30\)
• B) \(\$ 37.5\).
• C) \(\$ 55\).
• D) \(\$ 67.5\).

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Definitions:

Sexual Contact

Any form of physical interaction between individuals involving sexual organs or activities intended to arouse or gratify sexual desires.

Older Relative

A family member who is significantly older than oneself, often used in the context of relationships and familial lineage.

Consent

The act of willingly and actively agreeing to engage in specific behaviors or actions, highlighting the importance of mutual respect and understanding.

Sexually Coercive Men

Males who engage in behaviors that pressure or force someone into unwanted sexual activity.