Since it is nearly impossible to measure negative externalities, it is better to ignore them and allow the market solution to continue.

Question

Quizplus · Accepted Answer

Ignoring negative externalities leads to market failure and inefficient allocation of resources. It is important to address negative externalities through regulations, taxes, or other mechanisms to incentivize businesses to take these costs into account and internalize them in their pricing decisions. This promotes social welfare and sustainability in the long run.

Since It Is Nearly Impossible to Measure Negative Externalities, It