From an economist's perspective, an important consideration for policies to address global warming is
A)the market for recyclable inputs.
B)the supply and demand for recycled products.
C)the marginal cost and marginal benefit of the policies.
D)a lawsuit that can arise from the enactment of the policies.

Question

Quizplus · Accepted Answer

The marginal cost and marginal benefit analysis is crucial in economics for evaluating the efficiency and effectiveness of policies, including those addressing global warming. This approach helps in understanding whether the benefits of a policy outweigh its costs, which is essential for making informed policy decisions.

From an Economist's Perspective, an Important Consideration for Policies to Address