Biology Forums - Study Force

Question 1.

Figure 5-8

Consider a chemical plant that discharges toxic fumes over a nearby community. To reduce the emissions of toxic fumes the firm can install pollution abatement devices. Figure 5-8 shows the marginal benefit and the marginal cost from reducing the toxic fumes emissions.

Refer to Figure 5-8. What is the economically efficient level of pollution reduction?

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12.5 million tons

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9 million tons

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8 million tons

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0 tons

Question 2.

Figure 5-8

Consider a chemical plant that discharges toxic fumes over a nearby community. To reduce the emissions of toxic fumes the firm can install pollution abatement devices. Figure 5-8 shows the marginal benefit and the marginal cost from reducing the toxic fumes emissions.

Refer to Figure 5-8. Suppose the emissions reduction target is currently established at 8 million tons. What is the area that represents the cost of eliminating an additional 1 million tons?

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A + B

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A + B + C

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A

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B + C

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