If Pollution Coming from Factories Is Bad, Then Why Would

question 123

Multiple Choice

If pollution coming from factories is bad, then why would the socially optimal level of pollution not be zero?

• A)because there are significant social costs of achieving zero pollution
• B)because there are significant social benefits from attaining zero pollution
• C)because the factories are privately owned in a market system
• D)because there are zero benefits from zero pollution

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Definitions:

Extend Credit

Involves offering a loan or allowing goods or services to be purchased now with the agreement to pay later.

Incomes Below

Refers to earnings that fall beneath a specified benchmark, often used in discussions about poverty levels or eligibility for financial assistance.

Fair Credit Billing Act

A federal law designed to protect consumers from unfair billing practices and provide a mechanism for addressing billing errors in credit accounts.

Charge Account

A type of credit account that requires the full payment of the bill at the end of a billing cycle.