The socially optimal amount of pollution abatement may be less than 100 percent.

Name: The socially optimal amount of pollution abatement may be less than 100 percent.
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Question

Quizplus · Accepted Answer

The socially optimal amount of pollution abatement balances the costs of reducing pollution with the benefits of environmental improvement. Depending on the costs and benefits, it may not be economically efficient to reduce pollution to zero. Therefore, the optimal level of pollution abatement may be less than 100 percent.

The Socially Optimal Amount of Pollution Abatement May Be Less