Under the private property rights approach to pollution control,the industry or firm that most "values" the right to the environment will control environmental services.

Question

Quizplus · Accepted Answer

Under the private property rights approach, the industry or firm that values the environment the most will be willing to pay the most to control pollution and protect environmental services, as they see it as a valuable asset. Therefore, they will have the incentive to control pollution and provide environmental services.

Under the Private Property Rights Approach to Pollution Control,the Industry