Question
Marginal social benefits of pollution can be thought of as __________.
nothing because there are no benefits to pollution
the additional utility brought on by increased production
the avoidance of costs of pollution reduction or abatement
the marginal cost of reducing pollution
nothing because there are no benefits to pollution
the additional utility brought on by increased production
the avoidance of costs of pollution reduction or abatement
the marginal cost of reducing pollution
Answers
GPT-4o mini
Marginal social benefits of pollution can be thought of as **the avoidance of costs of pollution reduction or abatement**.
This perspective considers the economic trade-offs involved in pollution; some level of pollution might deliver certain benefits related to production or activity that outweigh the costs associated with pollution control efforts.
This perspective considers the economic trade-offs involved in pollution; some level of pollution might deliver certain benefits related to production or activity that outweigh the costs associated with pollution control efforts.
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