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.
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.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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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