The amount of pollution and pollution abatement is optimal when 1) marginal social benefit of production exceeds the marginal social cost of…

The amount of pollution and pollution abatement is optimal when

1) marginal social benefit of production exceeds the marginal social cost of production.

2) marginal social benefit of production is less than the marginal social cost of production.

3) marginal social benefit of production equals the marginal cost of production.

4) marginal social benefit of production equals the marginal social cost of production.

Question:The amount of pollution and pollution abatement is optimalwhen 1) marginal social benefit of production exceeds the marginalsocial cost of production.2) marginal social benefit of…

 
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