Baxter argues that it makes no difference whether we describe a cost in terms of dollars or resources.

Name: Baxter argues that it makes no difference whether we describe a cost in terms of dollars or resources.
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Baxter's argument is that describing costs in terms of dollars can obscure the real resources being consumed or the environmental impacts. He emphasizes the importance of considering the physical realities behind economic transactions to fully understand their environmental costs.

Baxter Argues That It Makes No Difference Whether We Describe