Complete elimination of pollution is economically rational when
A) Pollution is associated with illness in humans
B) For each unit of pollution,the cost of clean-up is less than the benefit from its elimination
C) The pollution will likely affect future generations
D) MSC of cleanup < MSB of cleanup
E) None of the above; complete elimination is never rational
Correct Answer:
Verified
Q15: If all benefits from consuming a good
Q16: Human production processes do not include which
Q17: When MPC is less than MSC,
A)Firms will
Q18: Marginal private cost (MPC)always includes:
A)The price of
Q19: Pollution
A)Like air and water pollution became an
Q21: Pollution should be completely eliminated
A)When the marginal
Q22: The Following Questions Refer to the graph
Q23: The Following Questions Refer to the graph
Q24: The Following Questions Refer to the graph
Q25: Costs incurred by the producer to buy
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