If the Marginal Benefit of Reducing Emissions of Some Air

question 213

Multiple Choice

If the marginal benefit of reducing emissions of some air pollutant is less than the marginal cost,

• A)further reductions will make society better off.
• B)further reduction will make society worse off.
• C)pollution taxes should be imposed on producers to pay for further reductions.
• D)economic efficiency will be increased if further reductions are made.

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Definitions:

Overwhelming Feeling

An intense emotional state that exceeds the individual's capacity to manage or process effectively.

Permanent

Lasting or intended to last or remain unchanged indefinitely.

Temporary

Something not lasting or permanent, intended to last only for a limited period of time.

Social Security

A government program that provides financial assistance to people with an inadequate or no income, primarily the elderly, disabled, and families with dependent children.