According to the cost-effectiveness criterion, all polluting sources would abate pollution to the point where their individual marginal abatement cost (MAC) levels were equal.

Question

Quizplus · Accepted Answer

The cost-effectiveness criterion suggests that in order to achieve the most efficient overall reduction of pollution, all polluting sources should reduce their pollution levels until their individual marginal abatement costs are equal. This ensures that the overall cost of reducing pollution is minimized, while still achieving the desired level of pollution reduction.

According to the Cost-Effectiveness Criterion, All Polluting Sources Would Abate