The Most Efficient Distribution of Pollution Abatement Is Such That

question 184

Multiple Choice

The most efficient distribution of pollution abatement is such that the:

• A)extent of pollution abatement is the same across all geographic regions.
• B)extent of pollution abatement is the same across all polluters.
• C)largest reductions in pollution are made by the largest polluters.
• D)marginal cost of abatement is the same across all polluters.

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Definitions:

Decrease in Supply

A situation where the quantity of a good that producers are willing to produce and sell at a given price level falls.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity of the good that suppliers are willing to produce and sell.

Good X

A placeholder term for any product or service in economic analysis.

Technology Used

Refers to the tools, equipment, and techniques applied in the production of goods and services, influencing efficiency and productivity.