(Figure: Pollution and Efficiency) Use Figure: Pollution and Efficiency.In this market,whose 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) Use Figure: Pollution and Efficiency.In this market,whose 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

ANIKA TASNIM · Accepted Answer

Final Answer : B, Explanation :  An efficient solution occurs where the marginal social cost (MSC) equals the marginal social benefit (MSB), which is at a price of $15 and a quantity of 30 units. At this point, the total pollution levels are minimized while still providing the optimal quantity of the product to society.

(Figure: Pollution and Efficiency) Use Figure: Pollution and Efficiency.In this market,whose 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

Definitions

Learning Objectives

Learning Objectives

Related questions

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

Definitions

Learning Objectives

Learning Objectives

Related questions

(Figure: Pollution and Efficiency) Use Figure: Pollution and Efficiency.In this market,whose 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