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:

Conditioned Stimulus

A formerly neutral signal that, once it is linked with an unconditioned stimulus, ultimately leads to eliciting a conditioned response.

Conditioned Response

A learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Taste Aversion

Taste aversion is a learned response to eating spoiled or toxic food, leading to an aversion to that food in the future.

Classical Conditioning

An associative conditioning method where repeated linkage of two stimuli leads to a response initially caused by the second stimulus, eventually being caused by the first stimulus alone.