The widespread use of technology-based emission standards to control air pollution ensures that the aggregate marginal abatement cost function is as low as is technically possible.
Because TBS are not cost-effective,the aggregate marginal abatement cost function is much higher than it need be,and society is settling for smaller improvements in ambient quality than might be achieved if control programs were incentive-based and cost-effective.

Question

Quizplus · Accepted Answer

The statement is incorrect. The first sentence implies that TBS lead to lower marginal abatement costs, which is true. The second sentence contradicts this by claiming that TBS are not cost-effective and lead to higher abatement costs. This is not supported by evidence and goes against the first sentence.

The Widespread Use of Technology-Based Emission Standards to Control Air