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lindseyw lindseyw
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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. The total net benefit from the optimal amount of pollution abatement is

▸ $330.

▸ $120.

▸ $275.

▸ $155.

▸ $0.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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