Economists Argue That the Level of Pollution Should Be

question 63

Multiple Choice

Economists argue that the level of pollution should be

• A) reduced completely to zero because by definition, it is a negative external effect.
• B) ignored because it has always been present since the beginning of history.
• C) reduced to the point where the marginal benefit of pollution reduction is equal to the marginal cost of pollution reduction to society.
• D) best determined by elected officials who can speak on behalf of the public.

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Definitions:

Farms

Agricultural land and operations dedicated to the production of crops, livestock, or other resources.

Mass Production

A manufacturing technique that involves the production of large quantities of standardized products, often using assembly lines or automated technology.

Mass Consumption

A socioeconomic phase characterized by the widespread purchase and use of goods and services by a large number of people in a society.

Mass Producer

A mass producer is a company or individual that manufactures goods in large quantities using standardized processes, usually to meet widespread consumer demand.