The optimal level of air quality will increase if
A) the cost of polluting increases
B) pollution is found to be self-absorbing
C) a new process allows pollution to be removed more cheaply
D) the marginal social cost of air quality increases
E) the marginal social benefit of air quality decreases
Correct Answer:
Verified
Q64: Exhibit 17-3 Q65: Environmental problems result when social costs and Q66: The optimal level of water and air Q67: Exhibit 17-3 Q68: The marginal social cost curve is downward Q70: The marginal social benefit of air quality Q71: To achieve the socially optimal level of Q72: If a government regulation states that fluorocarbon Q73: As more pollution is abated, the total Q74: A tannery discovers a technology that makes
A)declines
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