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mooncalled mooncalled
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A year ago
The table below shows the marginal benefit and marginal cost of pollution abatement for an economy.

Units of Pollution AbatementMB
($)		MC
($)
1120   5
2115 15
3105 30
4 90 50
5 70 70
6 45 95
7 15125
8  0155

TABLE 17-1

Refer to Table 17-1. Suppose a public authority has the mandate to maximize social welfare by choosing the appropriate amount of pollution abatement. Compared to the optimal level of abatement, pollution abatement of 7 units would ________ total social welfare by ________.

▸ decrease; $110

▸ decrease; $160

▸ increase; $110

▸ increase; $15

▸ decrease; $125
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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xoxoitaliangurlxoxoitaliangurl
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