Principles of Microeconomics, California Edition
2nd Edition
ISBN: 9780393622102
Author: Dirk Mateer, Lee Coppock
Publisher: NORTON
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Chapter 7, Problem 12SP
To determine
Explain which of the following makes the economic sense.
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When studying pollution and the environment, economists
A) emphasize costs and benefits.
B) attempt to reduce pollution at all costs.
C) think pollution is good if it occurs when production takes place.
D) have no role to play.
E) concentrate on the physical aspects of the environment.
Tradable pollution permits a. set the price of pollution. b. set the quantity of pollution. c. determine the demand for pollution rights. d. reduce the incentive for technological innovations to further reduce pollution.
create a scipt about pollution as a social issue for a commercial video.
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Principles of Microeconomics, California Edition
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