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theroyalty theroyalty
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A year ago
Suppose a farm that is polluting an underground water supply faces the following marginal costs for abating units of pollution:
1st unit abated, MC = $250
2nd unit abated, MC = $400
3rd unit abated, MC = $650
4th unit abated, MC = $950

The marginal benefit to society from this farm abating units of pollution are as follows:
1st unit abated, MB = $1000
2nd unit abated, MB = $800
3rd unit abated, MB = $650
4th unit abated, MB = $300

What is the socially optimal amount of pollution abatement for this farm?

▸ 0 units

▸ 1 units

▸ 2 units

▸ 3 units

▸ 4 units
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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casinogurlcasinogurl
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A year ago
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theroyalty Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
noodlelicker
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Yesterday
This helped my grade so much Perfect
mikeh209
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2 hours ago
Thank you, thank you, thank you!
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