Use the Following to Answer Questions -(Table: Coal Mine Pollution)Use Table: Coal Mine Pollution

question 143

Multiple Choice

Use the following to answer questions : $$\begin{array}{l}\text { Table: Coal Mine Pollution }\\\begin{array} { c c c } \hline \begin{array} { l } \text { Quantity of } \\\text { Pollution } \\\text { (tons) }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Social } \\\text { Benefit }\end{array} & \begin{array} { c } \text { Marginal } \\\text { Social } \\\text { Cost }\end{array} \\\hline 0 & \$ 800 & \$ 0 \\1 & 700 & 100 \\2 & 600 & 200 \\3 & 500 & 300 \\4 & 400 & 400 \\5 & 300 & 500 \\6 & 200 & 600 \\7 & 100 & 700 \\8 & 0 & 800 \\\hline\end{array}\end{array}$$
-(Table: Coal Mine Pollution) Use Table: Coal Mine Pollution.The table shows the marginal social benefit and cost of various amounts of pollution from a coal mine.From the perspective of efficiency,2 tonnes of pollution is:

• A) too much.
• B) the efficient amount.
• C) not enough.
• D) the socially optimum amount.

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Definitions:

Centralized Facility

describes a single location where operations or decision-making processes are concentrated, often to leverage efficiency or control.

Distribution Centre

A specialized facility that is responsible for receiving, storing, and distributing products to retailers or customers.

Labour Cost

The expense associated with the work performed by employees, encompassing salaries, wages, and additional benefits.

Productivity

The ratio of outputs (goods and services) divided by one or more inputs (such as labour, capital, or management).