For Society as a Whole, the Optimal Amount of Pollution

question 210

Multiple Choice

For society as a whole, the optimal amount of pollution control exists when:

• A)​the marginal cost of pollution reduction is equal to the marginal benefit of the pollution reduction.
• B)​firms are allowed to produce as much pollution as necessary to make the goods people want.
• C)​the marginal costs of pollution clean up exceed the benefits.
• D)​no pollution is permitted at all.

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Definitions:

Water Table

The level below the Earth's surface at which the ground is saturated with water.

Artesian

Groundwater that is in a confined aquifer and is under enough water pressure to rise above the level of the aquifer.

Water Table

The water table is the upper level of an underground surface in which the soil or rocks are permanently saturated with water, delineating the boundary between the aquifer's unsaturated zone and saturated zone.

Topography

The arrangement of the natural and artificial physical features of an area, including its relief and the position of its features.