A government agency is analyzing the costs and benefits of reducing emissions from a local factory. The table below shows the marginal social cost and marginal social benefit for different levels of pollution reduction.
| Pollution Reduction (tons) | Marginal Social Cost ($) | Marginal Social Benefit ($) |
|---|---|---|
| 10 | 2,000 | 10,000 |
| 20 | 4,000 | 8,000 |
| 30 | 6,000 | 6,000 |
| 40 | 8,000 | 4,000 |
| 50 | 10,000 | 2,000 |
To maximize the total net benefit to society, what level of pollution reduction should the agency aim for?
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A government agency is analyzing the costs and benefits of reducing emissions from a local factory. The table below shows the marginal social cost and marginal social benefit for different levels of pollution reduction.
Pollution Reduction (tons) Marginal Social Cost ($) Marginal Social Benefit ($) 10 2,000 10,000 20 4,000 8,000 30 6,000 6,000 40 8,000 4,000 50 10,000 2,000 To maximize the total net benefit to society, what level of pollution reduction should the agency aim for?
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