The optimal level of pollution is
a. zero
b. the level at which the marginal social cost of air quality equals the marginal social benefit
c. the level at which the average social cost of air quality equals the average social benefit
d. the level at which the total social cost of air quality equals the total social benefit
e. the level at which the marginal social cost of air quality is minimized
B
Economics
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If a coin toss comes up heads five times in a row, on the sixth flip the odds are better that this coin will come up tails
a. True b. False Indicate whether the statement is true or false
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The _____ gives a hunter ownership rights on a bird killed by him while it was flying over his property
a. unitization contract b. Coasian reasoning c. rule of first possession. d. rule of reason
Economics