A totally pollution-free environment is an economically sound social goal.
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Q120: The greenhouse effect represents an external cost.
Q121: The Clean Air Acts of 1970 and
Q122: Pollution abatement does not impose opportunity costs
Q123: Explain the differences between external costs,private costs,and
Q124: Direct government regulation is generally preferable to
Q126: The principal advantage of pollution permits is
Q127: The optimal rate of pollution will be
Q128: Externalities are a measure of the divergence
Q129: An emission charge decreases private marginal cost
Q130: Pollution will decrease when firms are forced
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