If a sawmill creates too much noise for local residents,
A)noise restrictions will force residents to move out of the area.
B)a sense of social responsibility will cause owners of the mill to reduce noise levels.
C)the government can raise economic well-being through noise-control regulations.
D)the government should avoid intervening because the market will allocate resources efficiently.

Question

Quizplus · Accepted Answer

The government can improve economic well-being by implementing noise-control regulations, as this addresses the negative externality of noise pollution affecting local residents.

If a Sawmill Creates Too Much Noise for Local Residents