Q 22

Assuming that the marginal social benefit (MSB) of environmental quality is known, then A) the MSB represents the demand for environmental quality B) total social benefits (TSB) of abatement, A1, can be captured as an area under the MSB up to A1 C) incremental benefits are measured as an area under the MSB between the pre- and post-policy abatement levels D) all of the above E) none of the above

Multiple Choice