Reducing Automobile Pollution Beyond a Certain Point Is Not Efficient

question 2

Multiple Choice

Reducing automobile pollution beyond a certain point is not efficient when:

• A)the marginal benefit from reduced pollution is less than the marginal cost of reducing the pollution.
• B)the marginal cost of reducing pollution is less than the marginal benefit from reduced pollution.
• C)the marginal private cost of producing automobiles is less than the marginal social cost.
• D)the marginal external cost of pollution is zero.

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Definitions:

Length

A property or method used to determine the number of elements in an array or characters in a string.

Decimal Numbers

Numbers that contain a decimal point, dividing the integer part from the fractional part, used in arithmetic computations.

Float Type

A data type in programming that specifies a variable that can hold a real number with fractional precision.

Decimal Places

Refers to the number of digits to the right of the decimal point in a number. This is important in mathematics and when precision is required in calculations.