If Pollution Is Reduced Below the Socially Efficient Level

question 153

Multiple Choice

If pollution is reduced below the socially efficient level:

• A)​the marginal cost of pollution abatement exceeds the marginal benefit of pollution abatement.
• B)​the marginal cost of pollution abatement is less than the marginal benefit of pollution abatement.
• C)​the marginal cost of pollution abatement equals the marginal benefit of pollution abatement.
• D)​nothing can be said about the relationship between the marginal cost and marginal benefit of pollution abatement.

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Definitions:

Criticism

The act of expressing disapproval of someone or something based on perceived faults or mistakes.

Patterned Responses

Behavioral reactions that follow a predictable or habitual pattern, often developed in response to specific stimuli or situations.

Clusters

Groups or collections of similar items, events, or characteristics closely positioned or occurring together.

Behavior

The actions or reactions of an individual or group in response to external or internal stimuli.