Figure 4B

-Refer to Figure 4B. Which of the following is an incorrect description of the marginal pollution-damage cost curve?
A) Is an increasing function of pollution emissions
B) Shows that the damage caused by a unit of pollution increases progressively as the amount of pollution emitted increases
C) The marginal damage cost increases from $125 to $500 as the amount of waste emissions increases from 10 to 15 units
D) The marginal damage cost decreases from $125 to $500 as the amount of waste emissions increases from 10 to 15 units
E) All of the above are incorrect

Question

Figure 4B
 
-Refer to Figure 4B. Which of the following is an incorrect description of the marginal pollution-damage cost curve?
A) Is an increasing function of pollution emissions 
B) Shows that the damage caused by a unit of pollution increases progressively as the amount of pollution emitted increases 
C) The marginal damage cost increases from $125 to $500 as the amount of waste emissions increases from 10 to 15 units 
D) The marginal damage cost decreases from $125 to $500 as the amount of waste emissions increases from 10 to 15 units 
E) All of the above are incorrect

Quizplus · Accepted Answer

Option D incorrectly describes the marginal pollution-damage cost curve. It should state that the marginal damage cost increases from $125 to $500 as the amount of waste emissions increases from 10 to 15 units, instead of decreasing. The other options correctly describe the marginal pollution-damage cost curve.

Figure 4B -Refer to Figure 4B. Which of the Following Is an the Following