Q.

The optimum level of economic activity and associated pollution from society's point of view occurs where:

A. Marginal private benefit = Marginal private cost.
B. Marginal social benefit < Marginal social cost.
C. Marginal social benefit = Marginal social cost.
D. Marginal social benefit > Marginal social cost.
Answer» C. Marginal social benefit = Marginal social cost.
663
0
Do you find this helpful?
2

View all MCQs in

Public Economics

Discussion

No comments yet