Asked by Rachel Loomis on Mar 10, 2024
Verified
As pollution emission levels increase, the marginal social cost of pollution
A) increases.
B) decreases.
C) does not change.
D) falls to zero.
Marginal Social Cost
The total cost to society of producing an additional unit of a product, including both the private cost and any external costs.
Pollution Emission
The release of pollutants into the environment, typically from industrial processes or vehicles.
- Comprehend the notion of marginal social benefit and marginal social cost in relation to pollution.
Verified Answer
LS
Logan SabinMar 10, 2024
Final Answer :
A
Explanation :
The marginal social cost of pollution increases as pollution emission levels increase because the additional damage caused by an extra unit of pollution becomes greater when pollution levels are already high.
Learning Objectives
- Comprehend the notion of marginal social benefit and marginal social cost in relation to pollution.
Related questions
As Pollution Emission Levels Increase, the Marginal Social Benefit of ...
(Figure: Pollution and Efficiency)Use Figure: Pollution and Efficiency ...
(Table: Coal Mine Pollution)Use Table: Coal Mine Pollution ...
(Figure: Pollution and Efficiency)Use Figure: Pollution and Efficiency ...
The Marginal Social Benefit from Pollution _____ as the Quantity ...