Based on the Figure Above,if the Factory Owned the River

question 132

Multiple Choice

Based on the figure above,if the factory owned the river then at the equilibrium,marginal social cost would ________ marginal benefit,and the quantity of chemical produced would be ________.

• A) exceed; above the efficient quantity
• B) exceed; below the efficient quantity
• C) be below; above the efficient quantity
• D) be below; below the efficient quantity
• E) equal; efficient

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Definitions:

Defensive Strategy

Tactics used by individuals or groups to protect themselves from perceived threats, criticism, or harmful situations.

Compensation

Payment or reward given for service, effort, or loss.

Anxiety-buffer Conception

A theory suggesting that certain psychological constructs help individuals manage and lessen their anxiety about mortality and life's uncertainties.

Risky Feats

Actions that involve significant risk of harm or failure, often undertaken for the thrill or to achieve a particular accomplishment.