Economics · Environmental Economics
From society's point of view, the optimum level of economic activity and its associated pollution occurs at the point where:
- 1Marginal Social Benefit > Marginal Social Cost
- 2Marginal Social Benefit = Marginal Social Cost✓
- 3Marginal Social Benefit = 0
- 4Marginal Social Benefit < Marginal Social Cost
Correct answer
Marginal Social Benefit = Marginal Social Cost
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