Discover a wealth of knowledge at Westonci.ca, where experts provide answers to your most pressing questions. Join our Q&A platform to connect with experts dedicated to providing precise answers to your questions in different areas. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
Sagot :
Based on standard practices, the socially optimal quantity of pollution is "the quantity whose marginal social cost equals the marginal social benefit."
What is the socially optimal quantity?
The socially optimal quantity is the term used to describe output quantity that reveals equilibrium between the costs and benefits of social conditions.
Therefore when the quantity of pollution whose marginal social cost equals the marginal social benefit occurs, this is a socially optimal quantity of pollution.
Hence, in this case, it is concluded that the correct answer is the quantity whose marginal social cost equals the marginal social benefit.
Learn more about socially optimal quantity here: https://brainly.com/question/25017732
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. We're glad you chose Westonci.ca. Revisit us for updated answers from our knowledgeable team.