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Author Question: If the marginal benefit of reducing emissions of some air pollutant is greater than the marginal cost (Read 88 times)

cartlidgeashley

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If the marginal benefit of reducing emissions of some air pollutant is greater than the marginal cost


the marginal benefit will rise and the marginal cost will fall as further reductions are made.


private businesses, rather the consumers, should be made to pay for the cost of further reductions.


economic efficiency will be achieved when emissions are reduced to zero.


further reductions will make society better off.



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Marked as best answer by cartlidgeashley on Oct 5, 2019

upturnedfurball

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