IDNLearn.com offers a unique blend of expert answers and community-driven insights. Get accurate and comprehensive answers to your questions from our community of knowledgeable professionals.

If the marginal benefit of pollution increases, what happens to the equilibrium quantity of pollution

Sagot :

If the marginal benefit of pollution increases, the equilibrium quantity of pollution increases.

What is negative externality?

A good has a negative externality when the marginal cost of production is greater than the marginal benefit to third parties not involved in production or consumption. This makes goods with negative externality to be overproduced.

When the marginal benefit of pollution increases, the equilibrium quantity increases.

To learn more about externalities, please check: https://brainly.com/question/26266710