Question: Explain the following statement, using the MB curve in Figure to illustrate: Societys optimal amount of pollution abatement The optimal amount of pollution abatement for

Explain the following statement, using the MB curve in Figure to illustrate:
Society€™s optimal amount of pollution abatement

The optimal amount of pollution abatement for some substances, say, water from storm drains, is very low; the optimal amount of abatement for other substances, say, cyanide poison, is close to 100percent.

MC Socially optimal amount of pollution abatement MB 0 ei Amount of pollution abatement

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