When point sources and nonpoint sources exist in close proximity and both contribute to the same water-quality problems,in order for the equimarginal principle to be satisfied the marginal emission reduction costs would need to be the same in for each source HYPERLINK "" .

Question

Quizplus · Accepted Answer

The equimarginal principle states that in order to achieve an optimal outcome, the marginal costs of reducing pollution should be the same for all pollution sources. Therefore, in a scenario where both point sources and nonpoint sources exist in close proximity and contribute to the same water-quality problems, the marginal emission reduction costs would need to be the same for each source in order to satisfy this principle.

When Point Sources and Nonpoint Sources Exist in Close Proximity