A factory producing ink discharges effluent into a nearby river. A trout fishery downstream find that many of their fish become diseased. Select one: a. The marginal external cost is the total cost of producing ink per day b. The marginal external cost is the pollution cost imposed on the ink factory by the fishery c. The fishery is in the wrong place d. The total external cost is the total costs imposed on the fishery by the ink factory per day.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 41P: Refer to Table 12.2. The externality created by the refrigerator production was 100. However, once...
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A factory producing ink discharges effluent into a nearby river. A
trout fishery downstream find that many of their fish become
diseased.
Select one:
a. The marginal external cost is the total cost of producing ink
per day
b. The marginal external cost is the pollution cost imposed on
the ink factory by the fishery
c. The fishery is in the wrong place
d. The total external cost is the total costs imposed on the
fishery by the ink factory per day.

 

 

Please tell me which of the multiple choice questions is correct thank you

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