Which of the following statements is true?
A) Surveys are not used to measure the marginal benefit curves for emissions.
B) Surveys are used to measure the marginal benefit curves for emissions.
C) Surveys are not used to measure the marginal cost curves for emissions.
D) Economists rely exclusively on engineers to provide accurate estimates of the benefits and costs of pollution.

Question

Quizplus · Accepted Answer

Surveys are commonly used by economists to obtain information about the willingness to pay for improvements in environmental quality, which can be used to construct marginal benefit curves for emissions. Surveys are not the only method used, but they are an important tool in environmental economics. Option A is false, as stated above. Option C is false, as surveys and other methods can be used to estimate the marginal cost curves for emissions. Option D is false, as economists work closely with engineers but also use their own methods of analysis to estimate the costs and benefits of pollution control.

Which of the Following Statements Is True