The marginal cost of pollution abatement is the
A. total social costs of pollution clean-up divided by total social benefits.
B. additional benefit from cleaning up an additional unit of pollution.
C. additional cost to clean up an additional unit of pollution.
D. total social costs of pollution clean-up divided by the total units of clean-up.
Answer: C
Economics
You might also like to view...
When Javier's income increases by $5,000, he spends an additional $3,750 dollars. This implies that his marginal propensity to consume is 0.75
Indicate whether the statement is true or false
Economics
How does an economy's central bank manage the supply of money through official reserve transactions?
What will be an ideal response?
Economics