Which of the following best explains why economists believe that there is an optimal amount of pollution reduction? The marginal cost of reducing pollution is decreasing, while the marginal benefit of reducing pollution is increasing. O Economists only think about profits O The marginal cost of reducing pollution is increasing, while the marginal benefit of reducing pollution is decreasing. Economists focus on the benefits of reducing pollution and ignore the cost.
Which of the following best explains why economists believe that there is an optimal amount of pollution reduction? The marginal cost of reducing pollution is decreasing, while the marginal benefit of reducing pollution is increasing. O Economists only think about profits O The marginal cost of reducing pollution is increasing, while the marginal benefit of reducing pollution is decreasing. Economists focus on the benefits of reducing pollution and ignore the cost.
Chapter17: Market Failure: Externalities, Public Goods, And Asymmetric Information
Section: Chapter Questions
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