Figure: Pollution and Efficiency (Figure: Pollution and Efficiency) Look at the figure Pollution and Efficiency.In this market, where sulfur emissions are a result of production, an efficient solution takes place at a price of ________ and a quantity of _.
A)$5; 40
B)$15; 30
C)$25; 30
D)$15; 15

Question

Figure: Pollution and Efficiency   (Figure: Pollution and Efficiency) Look at the figure Pollution and Efficiency.In this market, where sulfur emissions are a result of production, an efficient solution takes place at a price of ________ and a quantity of _.
A)$5; 40 
B)$15; 30 
C)$25; 30 
D)$15; 15

Quizplus · Accepted Answer

The point where the marginal benefit (MB) of reducing pollution equals the marginal cost (MC) of reducing pollution is the efficient solution. In this figure, it occurs at a price of $15 and a quantity of 30. Therefore, option B is the correct answer.