Use the Following to Answer Questions

question 95

Multiple Choice

Use the following to answer questions :
Figure: Efficiency and Pollution
-(Figure: Efficiency and Pollution) Use Figure: Efficiency and Pollution.Assume that firms are the only beneficiaries of pollution and that costs are borne solely by others in the society.If the government imposed an environmental standard that did NOT allow the quantity of pollution to exceed 40 tonnes,there would be:

• A) a socially optimal quantity of pollution.
• B) too little pollution because its marginal social benefit would exceed its marginal social cost.
• C) too much pollution because its marginal social cost would exceed its marginal social benefit.
• D) too much pollution because any pollution is too much from an economist's perspective.

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Definitions:

Supporting the Lower Back

Practices and exercises aimed at strengthening the lumbar region to prevent pain and improve posture.

Moving the Arms

The action or process of relocating the upper limbs through the coordinated effort of muscles and joints.

Symphysis

A type of cartilaginous joint where the bones are joined by fibrocartilage, providing slight movement and acting as a shock absorber.

Superior Surface

The uppermost part or face of an object, often referring to anatomy where it denotes the topmost aspect of a structure.