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Author Question: The table below shows the marginal benefit and marginal cost of pollution abatement for an ... (Read 105 times)

tyratatyanna

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on: Oct 12, 2022
The table below shows the marginal benefit and marginal cost of pollution abatement for an economy.

Units of Pollution AbatementMB
($)		MC
($)
1120   5
2115 15
3105 30
4 90 50
5 70 70
6 45 95
7 15125
8  0155

TABLE 17-1

Refer to Table 17-1. Suppose a public authority has the mandate to maximize social welfare by choosing the appropriate amount of pollution abatement. Compared to the optimal level of abatement, pollution abatement of 7 units would ________ total social welfare by ________.
◦ decrease; $110
◦ decrease; $160
◦ increase; $110
◦ increase; $15
◦ decrease; $125
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by tyratatyanna on Oct 12, 2022

kaelamcrone

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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tyratatyanna

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

adammoses97

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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