The costs of pollution control to a society are measured by the value of the goods and services that must be given up to have the control.

Question

Quizplus · Accepted Answer

The costs of pollution control can be measured in various ways, but one common approach is to consider the resources that are used up to implement and maintain pollution control measures. This can include the cost of technology, labor, monitoring, and enforcement, as well as the opportunity cost of the other uses of these resources. In some cases, these costs may be passed on to consumers or taxpayers, who may have to pay higher prices or taxes to cover the expenses of pollution control. Ultimately, the costs of pollution control represent a sacrifice of other goods and services that could have been produced or consumed if pollution had been left unchecked.

The Costs of Pollution Control to a Society Are Measured