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Title: microeconomics practice test

Essay Details

Subject: Business
Author: Irene U
Date: July 17, 2012
Level: University
Grade: A
Length: 14 / 3934
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

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...

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