Asked by
Maria Velez Romero
on Dec 08, 2024
Verified
The costs that we avoid by not eliminating pollution while being able to enjoy the goods that create the pollution are the social benefits of pollution.
Social Benefits
The total gains that accrue to society from an economic transaction or policy, encompassing both direct and indirect effects.
Pollution
The contamination of the natural environment, leading to adverse effects on ecosystems, human health, and quality of life.
- Comprehend the notion of externalities and their effects on societal well-being.
Verified Answer
AS
Learning Objectives
- Comprehend the notion of externalities and their effects on societal well-being.
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