Mitchel and Carson found in their study that the total social benefits of cleaner water was 46.7 billion whereas the median total social cost is around 44 billion. Explain if the country is attaining allocative efficiency due to the Federal Water Pollution Control Act of 1972.

Mitchel and Carson found in their study that the total social benefits of cleaner water was 46.7 billion whereas the median total social cost is around 44 billion. Explain if the country is attaining allocative efficiency due to the Federal Water Pollution Control Act of 1972.

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Mitchel and Carson found in their study that the total social benefits of cleaner water was 46.7 billion whereas the median total social cost is around 44 billion. Explain if the country is attaining allocative efficiency due to the Federal Water Pollution Control Act of 1972.

Mitchel and Carson found in their study that the total social benefits of cleaner water was 46.7 billion whereas the median total social cost is around 44 billion. Explain if the country is attaining allocative efficiency due to the Federal Water Pollution Control Act of 1972.

Mitchel and Carson found in their study that the total social benefits of cleaner water was 46.7 billion whereas the median total social cost is around 44 billion. Explain if the country is attaining allocative efficiency due to the Federal Water Pollution Control Act of 1972.