The least-cost solution for the distribution of pollution abatement among polluters is
A) a 10% reduction for all.
B) a fixed-percentage reduction for all.
C) for large reductions from the largest polluters.
D) for large reductions from the smallest polluters.
E) when the marginal cost of abatement is the same across all polluters.

Question

Quizplus · Accepted Answer

The least-cost solution for the distribution of pollution abatement among polluters is when the marginal cost of abatement is the same across all polluters. This means that each polluter should reduce emissions by the same amount until the marginal cost of abatement is equal for all polluters. This results in the most cost-effective solution for reducing pollution. Choices A, B, C, and D do not take into account the differences in marginal costs of abatement among polluters and may result in higher overall costs for pollution control.

The Least-Cost Solution for the Distribution of Pollution Abatement Among