Economists argue that the level of pollution should be

A) reduced completely to zero because by definition, it has a negative external effect.
B) ignored because it has always been present since the beginning of history.
C) best determined by elected officials who can speak on behalf of the public.
D) reduced to the point where the marginal benefit of pollution reduction is equal to the marginal cost of pollution reduction to society.


D

Economics

You might also like to view...

Both countries involved in a pegging of currency must agree to the terms of the pegging

Indicate whether the statement is true or false

Economics

A true understanding of the consequences of public debt requires knowledge only of the current deficit's magnitude

Indicate whether the statement is true or false

Economics

The field of behavioral economics applies the methods of economics to study how government works

a. True b. False Indicate whether the statement is true or false

Economics

Rates of substitution are determined by:

A. the consumer's income. B. the consumer's preferences. C. the number of available consumption bundles. D. the prices of different goods.

Economics