If the Marginal Social Benefit Received from Pollution Is Greater

question 24

Multiple Choice

If the marginal social benefit received from pollution is greater than its marginal social cost in a market:

• A)society's well-being can be improved if the quantity of pollution decreases.
• B)firms in the market produce the socially optimal level of pollution.
• C)firms in the market produce too much pollution.
• D)firms in the market produce too little pollution.

---

Definitions:

African Americans

In the United States, a group identified by race or ethnicity, originating from any African black racial groups.

Severe Recession

is a prolonged period of economic decline significantly worse than a standard recession, marked by high unemployment, low consumer spending, and business failures.

Divorce Rates

The statistical measure of the number of divorces occurring among the population within a certain time frame, often per 1,000 inhabitants.

Out-Of-Wedlock Children

Children born to parents who are not legally married to each other.