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 155 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?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Nonpoint Sources of Pollution Nonpoint Sources of Pollution
Zhang Huan, To Raise the Water Level in a Fishpond. Zhang Huan, To Raise the Water Level in a Fishpond.
Upper-Level Maps Upper-Level Maps
Economic and Social Development Economic and Social Development
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
Indoor air pollution in the developing world arises from fuelwood burning Indoor air pollution in the developing world arises from fuelwood burning
Video: Requirements for nervous signals

For a complete list of videos, visit our video library