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.The efficient quantity of pollution is _____ tonnes.
A) 0
B) 2
C) 4
D) 8

Question

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.The efficient quantity of pollution is _____ tonnes.
A) 0
B) 2
C) 4
D) 8

Quizplus · Accepted Answer

The efficient quantity of pollution is where the marginal social benefit equals the marginal social cost, which occurs at 4 tonnes.

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