Author Question: The concept of the best level of pollution suggests that: a. increased concerns about pollution ... (Read 110 times)

lilldybug07 · **on:** Jun 30, 2018

The concept of the best level of pollution suggests that:
a. increased concerns about pollution control shifted the marginal social cost curve to the left.
b. the opportunity cost of reducing pollution may sometimes exceed the benefit.
c. unregulated markets generally reduce pollution to efficient levels with marginal social cost equal to marginal social benefit.
d. none of the above

Question 2

The export supply curve is the portion of the domestic supply curve below the no-trade equilibrium price.
a. True
b. False
Indicate whether the statement is true or false