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imomo imomo
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A year ago
The optimal amount of pollution abatement is generally less than 100%. In what situation would complete (100%) abatement be optimal?

▸ The marginal cost of abatement is always zero.

▸ The marginal cost of abatement is positive but less than the marginal benefit of abatement.

▸ The marginal cost of abatement exceeds the marginal benefit of abatement at all levels of abatement.

▸ The marginal benefit of abatement is zero.

▸ None of the above - we cannot even imagine a situation in which complete abatement would be optimal.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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IgnesiasIgnesias
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A year ago
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imomo Author
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A year ago
Smart ... Thanks!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
This helped my grade so much Perfect
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