Q. The optimum level of economic activity and associated pollution from society's point of view occurs where: (Solved)
1. Marginal private benefit = Marginal private cost.
2. Marginal social benefit < Marginal social cost.
3. Marginal social benefit= Marginal social cost.
4. Marginal social benefit> Marginal social cost.
- c. Marginal social benefit= Marginal social cost.