Which of the Following Statements About the Economically Efficient Level

question 141

Multiple Choice

Which of the following statements about the economically efficient level of air pollution is correct?

• A)The economically efficient level of pollution is zero.
• B)The economically efficient level of pollution occurs where all social costs equal all social benefits.
• C)The economically efficient level of pollution occurs where the marginal cost of pollution reduction equals the marginal social benefit of reduction.
• D)The economically efficient level of pollution occurs where total benefits of pollution reduction are maximised.

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Definitions:

Adaptive

Characterized by or showing the ability to change or adjust effectively to different conditions or environments.

Protein Synthesis

The biological process by which cells build proteins based on the genetic instructions encoded in DNA and carried by mRNA.

Biological Variation

Differences among individuals and populations in physical, physiological, and genetic characteristics due to evolutionary, environmental, and genetic factors.

Creationism

The belief that the universe and living organisms originate from specific acts of divine creation, as in the biblical account, rather than by natural processes such as evolution.