Given the General Agreement That Pollution Is Undesirable and Social

question 148

Multiple Choice

Given the general agreement that pollution is undesirable and social welfare is increased by reducing pollution,the optimal level of pollution in a society is:

• A)zero.
• B)the level that reduces the marginal social costs of pollution to zero.
• C)the level at which the marginal social cost is equal to the marginal social benefit.
• D)the level that minimizes the average total cost of producing the product that generates the pollution.

---

Definitions:

Operations

Mathematical procedures like addition, subtraction, multiplication, and division used to solve equations or manipulate expressions.

Like Terms

Terms in an algebraic expression that have the same variable raised to the same power, making them combinable through addition or subtraction.

Evaluate

To assess or calculate the value or amount of something through analysis or computation.

Six-Figure Accuracy

A level of precision in numerical calculations or measurements that is accurate to six digits.