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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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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...
Essay fragment
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