The pollution of streams and the atmosphere indicates
A) artificially low prices for these resources.
B) the quantities supplied exceed the quantities demanded of these resources.
C) the presence of excessive amounts of direct regulation regarding waste disposal.
D) that the private costs of production exceed the social costs of production.
E) the presence of external economies.

Question

Quizplus · Accepted Answer

Pollution of streams and the atmosphere often results from artificially low prices for these resources, which do not reflect the true environmental costs of their use or misuse, leading to overconsumption and pollution.

The Pollution of Streams and the Atmosphere Indicates