If the Marginal Social Benefit Received from Pollution Is Equal

question 51

Multiple Choice

If the marginal social benefit received from pollution is equal to its marginal social cost:

• A)society's well-being can be improved if the quantity of pollution increases.
• B)society's well-being can be improved if the quantity of pollution decreases.
• C)society has achieved its socially optimal level of pollution.
• D)the market is producing too much pollution.

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Definitions:

Disney

An American multinational entertainment and media conglomerate, known for its film studio, theme parks, and an array of media networks and products.

Holdings

Assets or properties owned by an individual or company, often used in the context of financial portfolios or the collections of libraries and museums.

Media Conglomerates

Large corporations that own a wide variety of media entities across television, publishing, movies, and the internet.

Century

A period of one hundred years, often used as a measure of historical time.