If compliance standards are too stringent, a. the marginal social benefit of pollution reduction may outweigh the
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If compliance standards are too stringent,
a. the marginal social benefit of pollution reduction may outweigh the marginal social cost of pollution reduction.
b. the marginal social cost of pollution reduction may outweigh the marginal social benefit of pollution reduction.
c. the marginal social cost of pollution reduction will just equal the marginal social benefit from pollution reduction.
d. none of the above is correct.
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