Which of the following assertions about pollution is generally agreed with by economists?
A) Pollution is never a problem because those who pollute and the victims of pollution can always bargain with one another and arrive at a suitable outcome.
B) Due to the demand for products made by those who pollute, it is best to not restrict pollution.
C) The problem we face in dealing with pollution is determining the optimal amount of pollution.
D) The ideal amount of pollution is no pollution.

Question

Quizplus · Accepted Answer

Economists generally agree that the challenge with pollution is finding the optimal level, balancing environmental protection with economic costs, rather than eliminating it entirely or ignoring its impacts. This concept is related to the idea of an efficient level of pollution where the marginal cost of reducing pollution equals the marginal benefit.

Which of the Following Assertions About Pollution Is Generally Agreed