Asked by
Jessoliver Galvez
on Oct 26, 2024Verified
Many economists believe that there are more efficient ways to deal with pollution than with environmental standards because these standards do NOT:
A) reduce pollution enough.
B) allow reductions in pollution to be achieved at minimum cost.
C) specify the behavior that needs to be changed.
D) target behaviors in a way that can be enforced.
Environmental Standards
Rules established by a government to protect the environment by specifying actions by producers and consumers.
Pollution Reduction
The process of decreasing or eliminating the release of pollutants into the environment, typically involving regulations and technologies aimed at clean air, water, and soil.
Minimum Cost
The lowest possible expense at which a company can produce a good or service without sacrificing quality.
- Elucidate the function of environmental regulations in managing pollution and their constraints.
Verified Answer
MR
Learning Objectives
- Elucidate the function of environmental regulations in managing pollution and their constraints.