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Other Fields Homework Help Economics Topic started by: PaulKet on Nov 12, 2017



Title: If a production process creates pollution, a competitive market produces excessive pollution ...
Post by: PaulKet on Nov 12, 2017
If a production process creates pollution, a competitive market produces excessive pollution because
A) private marginal cost of pollution exceeds its social marginal cost.
B) social marginal cost of pollution exceeds its private marginal cost.
C) the marginal benefit of pollution to the firm is zero.
D) zero pollution is optimal.


Title: Re: If a production process creates pollution, a competitive market produces excessive pollution ...
Post by: unExpected on Nov 12, 2017
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Title: Re: If a production process creates pollution, a competitive market produces excessive pollution ...
Post by: PaulKet on Aug 13, 2018
A Plus :)