-The Above Table Shows Marginal Costs and Marginal Benefits of Clean

question 243

Multiple Choice

-The above table shows marginal costs and marginal benefits of clean air in a particular industrial area. In the table, when the quantity of clean air is at 25 percent

• A) the quantity of polluted air is 25 percent.
• B) the marginal benefit of clean air exceeds the marginal cost.
• C) the marginal benefit of clean air is less than the marginal cost.
• D) the quantity of clean air is optimal.

---

Definitions:

Quality

The standard of something as measured against other similar things; a degree of excellence.

Harmony

A state of agreement, consistency, or congruence between parts, individuals, or groups, often resulting in a more effective or pleasant outcome.

Efficiency

The ability to achieve a goal or perform a task with the minimum amount of effort, time, and waste.

Pay Raise

An increase in an employee's salary or wages, often awarded for performance, longevity, or cost of living adjustments.