Complete Elimination of Pollution Is Economically Rational When

question 123

Multiple Choice

Complete elimination of pollution is economically rational when

• A)Pollution is associated with illness in humans
• B)For each unit of pollution,the cost of clean-up is less than the benefit from its elimination
• C)The pollution will likely affect future generations
• D)MSC of cleanup < MSB of cleanup
• E)None of the above; complete elimination is never rational

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Definitions:

Collectivist Culture

A social pattern that stresses the importance of the group over individual achievement, emphasizing interdependence.

Personality Traits

Enduring characteristics or tendencies that influence an individual's behavior across situations.

Group Membership

The state of belonging to a group, which can affect an individual's identity, behavior, and social interactions.

Maslow

Refers to Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.