The following question are based on the following diagram:

-Point C represents the
A) highest cost of pollution.
B) average cost of pollution.
C) optimal level of pollution
D) absence of pollution.
E) point where the costs of pollution equal the costs of pollution control.

Question

The following question are based on the following diagram:
 
-Point C represents the
A) highest cost of pollution. 
B) average cost of pollution. 
C) optimal level of pollution 
D) absence of pollution. 
E) point where the costs of pollution equal the costs of pollution control.

Quizplus · Accepted Answer

Point C represents the optimal level of pollution, which is the point where the marginal benefit of pollution equals the marginal cost of pollution control. This means that any more pollution control would cost more than the benefits gained from reducing pollution, and any less pollution control would result in more costs from pollution than the costs of control.

The Following Question Are Based on the Following Diagram