Why Might Zero Pollution NOT Be the Optimal Objective

question 34

Multiple Choice

Why might zero pollution NOT be the optimal objective?

• A) It is difficult to determine which firms are doing the polluting.
• B) There is no marginal benefit to a clean environment.
• C) A clean environment comes with an opportunity cost.
• D) Some people may not be affected by the pollution.

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Definitions:

Driving Innovation

The act of pushing forward new ideas, technologies, or methods to create value.

Entrepreneurial Process

A sequence of steps that an individual or group takes to identify a new business opportunity, develop a plan, and then implement the plan to create a new venture.

Innovative Spirit

The inclination or approach to thinking in novel and creative ways to solve problems or generate new opportunities.

Rigid Organizational Structure

An inflexible company framework that has strict rules, procedures, and hierarchies, which can limit adaptability and innovation.