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microeconomics practice test

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Issue:

Business

 

Written by:

Donald B

 

Date added:

October 7, 2014

 

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15 / 3934

 

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Assume that the current amount of pollution control results in a 60% reduction in damaging pollutants emitted per year. At that level the marginal social cost of pollution control exceeds the marginal social benefit. It follows that: A) additional pollution control is likely to decrease the marginal social cost of pollution control...
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Assume that the current amount of pollution control results in a 60% reduction in damaging pollutants emitted per year. At that level the marginal social cost of pollution control exceeds the marginal social benefit. It follows that: A) additional pollution control is likely to decrease the marginal social cost of pollution control...
displayed 300 characters

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