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:

Contemporary Values

Refers to the beliefs, ideas, and moral attitudes that are prevalent within a society at the current time.

Social Phobia

An anxiety disorder characterized by a significant amount of fear in one or more social situations, causing considerable distress and impaired ability to function in at least some parts of daily life.

Intense Reactions

Strong emotional or physical responses to stimuli or events, which can be disproportionate to the triggering cause.

Social Anxiety

A chronic mental health condition characterized by an intense fear of social situations and being judged by others.