Table: Coal Mine Pollution Quantity of Pollution (tons) Marginal Social Benefit Marginal Social Cost 0 $800 $0 1 $700 $100 2 $600 $200 3 $500 $300 4 $400 $400 5 $300 $500 6 $200 $600 7 $100 $700 8 $0 $800 Reference: Ref 16-2 Table: Coal Mine Pollution (Table: Coal Mine Pollution) Use Table: Coal Mine Pollution. The table shows the marginal social benefit and cost of various amounts of pollution from a coal mine. At the efficient quantity of pollution, the marginal social benefit of pollution is: Select one: a. $400. b. $300. c. $100. d. $200.

Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter11: Public Goods And Common Resources
Section: Chapter Questions
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Table: Coal Mine Pollution

Quantity of
Pollution
(tons)
Marginal
Social
Benefit
Marginal
Social
Cost
0 $800 $0
1 $700 $100
2 $600 $200
3 $500 $300
4 $400 $400
5 $300 $500
6 $200 $600
7 $100 $700
8 $0 $800
Reference: Ref 16-2 Table: Coal Mine Pollution


(Table: Coal Mine Pollution) Use Table: Coal Mine Pollution. The table shows the marginal social benefit and cost of various amounts of pollution from a coal mine. At the efficient quantity of pollution, the marginal social benefit of pollution is:

Select one:
a. $400.
b. $300.
c. $100.
d. $200.

 

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