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The table below shows the marginal benefit and marginal cost of pollution abatement for an ...

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The table below shows the marginal benefit and marginal cost of pollution abatement for an ...

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

Units of Pollution Abatement	MB ($)	MC ($)
1	120	5
2	115	15
3	105	30
4	90	50
5	70	70
6	45	95
7	15	125
8	0	155

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

Edition: 17^th

Author: Ragan

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lindseyw Author

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Good timing, thanks!

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Helped a lot

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