With regard to environmental programs and regulations, economic analysis indicates that
A) environmental quality is something that people value and, therefore, are willing to pay for.
B) people value many other things, but environmental values always come first.
C) income levels exert little impact on the demand for environmental quality.
D) the cost of an environmental policy matters little if the policy provides environmental health benefits.

Question

Quizplus · Accepted Answer

Economic analysis shows that people value environmental quality and are willing to pay for it, indicating that it is a priority but not necessarily above all other values.

With Regard to Environmental Programs and Regulations, Economic Analysis Indicates