The MCE function represents the
A) marginal cost of enforcement incurred by the government
B) marginal cost of the externality linked to environmental pollution
C) market cost of a given environmental policy initiative
D) extra cost of the engineering approach

Question

Quizplus · Accepted Answer

The MCE function represents the marginal cost of enforcement incurred by the government, which refers to the additional costs that the government incurs when it increases its enforcement of regulations and laws, particularly those related to environmental protection and compliance.

The MCE Function Represents the