This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The optimal level of pollution is: a. the level at which the marginal social cost of air quality ... (Read 157 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
The optimal level of pollution is:
 a. the level at which the marginal social cost of air quality equals the marginal social benefit.
  b. the level at which the average social cost of air quality equals the average social benefit.
  c. the level at which the total social cost of air quality equals the total social benefit.
  d. zero.

Question 2

The marginal propensity to consume:
 a. is the proportion of disposable income that is consumed.
 b. is the ratio of disposable income to consumption.
 c. is the change in consumption relative to a change in disposable income.
  d. minus the marginal propensity to save must equal 1.
 e. is greater than 1 at all levels of income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

c


jc611

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 30, 2018
Thank you :)


lkoler

  • Sr. Member
  • ****
  • Posts: 358
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

In some species, dominant females have more surviving offspring that mature earlier indicating an ad In some species, dominant females have more surviving offspring that mature earlier indicating an ad
Stand in a doorway and hook your fingertips on both sides about chest level or lower. Stand in a doorway and hook your fingertips on both sides about chest level or lower.
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
Vienna: Social Structure and Social Interaction Vienna: Social Structure and Social Interaction
Pollution in the Industrializing Nations has become a major problem. The air in Beijing is hazardous ... Pollution in the Industrializing Nations has become a major problem. The air in Beijing is hazardous ...
Rising sea level: Some areas will be affected by a rise of just 40 cm Rising sea level: Some areas will be affected by a rise of just 40 cm
Video: Parkinson's Disease

For a complete list of videos, visit our video library