Environmental quality is
A)a public good.
B)best improved through government's prohibiting externalities.
C)maximized when costs of pollution are external.
D)minimized when optimal levels of pollution are produced.

Question

Quizplus · Accepted Answer

Environmental quality is a public good, meaning that it is a good that is non-excludable and non-rivalrous in consumption. This means that it is difficult to exclude individuals from enjoying the benefits of environmental quality and consumption by one person does not reduce the amount available to others. Therefore, the government must take steps to ensure that environmental quality is maintained for the benefit of all members of society.

Environmental Quality Is