ENVIRONMEN
ENVIRONMEN 3340
2. Suppose the graph below represents the abatement costs and marginal damage of sulfur dioxide generated by the Rio Bravo energy plant in
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2.
Suppose the graph below represents the abatement costs and marginal damage
of sulfur dioxide generated by the Rio Bravo energy plant in Bakersfield CA.
MD
MAC
$14
emission tons/week
A. What level of weekly sulfur dioxide emissions actually begins to damage society?
B. What is the reasoning behind not allowing the Rio Bravo plant to emit more than
the level you specified in part A?
C. What is the economic argument stating that it would be inappropriate to limit the
plant's emissions to the level specified in part A?
D. Identify the level of emissions in which marginal abatement cost (MAC) equals
marginal damage (MD).
E.
Argue that the emissions level where MAC equals MD is socially efficient. What is
meant by social efficiency?
Why is eo too much emissions? Compare MAC to MD at eo and explain why the
emissions level is inefficient.
G. Explain why the economic approach to pollution normally tolerates some
missions and resulting social damage.

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