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Title: If the marginal benefit of reducing emissions of some air pollutant is greater than the marginal cost Post by: justinw2200 on Oct 9, 2019 Question 1. If electric utilities continually reduce their emissions of sulfur dioxide ▸ the total benefit of sulfur dioxide emissions will fall. ▸ the marginal cost of further emissions will rise. ▸ the marginal benefit of additional emissions will rise. ▸ the utilities will eventually be forced to go out of business. Question 2. If the marginal benefit of reducing emissions of some air pollutant is greater than the marginal cost ▸ the marginal benefit will rise and the marginal cost will fall as further reductions are made. ▸ private businesses, rather the consumers, should be made to pay for the cost of further reductions. ▸ economic efficiency will be achieved when emissions are reduced to zero. ▸ further reductions will make society better off. Title: If the marginal benefit of reducing emissions of some air pollutant is greater than the marginal cost Post by: Bakari on Oct 9, 2019 Content hidden
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