From an economic viewpoint, expenditure on pollution control technology will make sense if
A) The environment is already burden with assimilating pollution
B) Waste disposal costs are low
C) Society is expected to be compensated by the benefits to be realized from the avoidance
Of environmental damage that worth's more than the expenditure
D) Society is expected to be compensated by the benefits to be realized from the avoidance
of environmental damage that worth's less than the expenditure
E) None of the above

Question

From an economic viewpoint, expenditure on pollution control technology will make sense if
A) The environment is already burden with assimilating pollution
B) Waste disposal costs are low
C) Society is expected to be compensated by the benefits to be realized from the avoidance
Of environmental damage that worth's more than the expenditure
D) Society is expected to be compensated by the benefits to be realized from the avoidance
 of environmental damage that worth's less than the expenditure
E) None of the above

Quizplus · Accepted Answer

Expenditure on pollution control technology can only be justified if the benefits of avoiding environmental damage outweigh the costs of implementing the technology. In other words, if the society is expected to reap benefits that are worth more than the cost of pollution control technology, then it makes sense to spend on it. Options A and D are incorrect, as they do not provide any justification for spending on technology. Option B is also incorrect, as low waste disposal costs may not necessarily warrant expenditure on pollution control technology.

From an Economic Viewpoint, Expenditure on Pollution Control Technology Will