If polluters are forced to pay for the cost of their pollution, they will reduce pollution toward a socially optimal amount.

Name: If polluters are forced to pay for the cost of their pollution, they will reduce pollution toward a socially optimal amount.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When polluters have to bear the cost of pollution, they will have an incentive to reduce it. This will lead them to reduce pollution to a level that is socially optimal. Therefore, the statement is true.

If Polluters Are Forced to Pay for the Cost of Their