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When Point Sources and Nonpoint Sources Exist in Close Proximity

question 14

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When point sources and nonpoint sources exist in close proximity and both contribute to the same water-quality problems,in order for the equimarginal principle to be satisfied the marginal emission reduction costs would need to be the same in for each source HYPERLINK "" .


Definitions:

Opportunity Cost

The benefit that is missed or foregone when choosing one alternative over another.

Mobile Phones

Portable communication devices that use cellular network technology to make calls, send messages, and access the internet.

Inflation Rate

The growth rate in the average cost of goods and services in an economy over a certain duration.

Macroeconomist

An economist specializing in the study of large-scale economic factors and phenomena, including inflation, unemployment, and national income.

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