Use the Following to Answer Questions

question 84

Multiple Choice

Use the following to answer questions:
-(Table: Coal Mine Pollution) The table Coal Mine Pollution shows the marginal social benefit and cost of various amounts of pollution from a coal mine. At the efficient quantity of pollution the marginal social cost of pollution is:

• A) $0.
• B) $100.
• C) $200.
• D) $400.

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Definitions:

Incentive

Something that motivates or encourages someone to take a particular action, such as a reward or benefit.

Apple Orchard Owner

An individual or entity that manages and operates an apple orchard, responsible for the cultivation and harvest of apples.

Decentralizing Decision Making

The distribution of decision-making authority away from a central figure or location to lower-level employees or divisions within an organization.

Information Transfer

The process of conveying data from one place, person, or entity to another.