If the Marginal Benefit of Reducing Emissions of Some Air

question 241

Multiple Choice

If the marginal benefit of reducing emissions of some air pollutant is greater than the marginal cost,

• A)further reductions will make society better off.
• B)the marginal benefit will rise and the marginal cost will fall as further reductions are made.
• C)economic efficiency will be achieved when emissions are reduced to zero.
• D)private businesses, rather the consumers, should be made to pay for the cost of further reductions.

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Definitions:

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Genetic Vulnerability

An increased likelihood of developing certain diseases or conditions based on one's genetic makeup.

Schizophrenia

A chronic and severe mental disorder affecting how a person thinks, feels, and behaves, often leading to some loss of contact with reality.

Marijuana

A psychoactive drug derived from the Cannabis plant, used both recreationally and, in some jurisdictions, for medicinal purposes.