Production and consumption of green goods shifts the marginal abatement cost curve downward.

Name: Production and consumption of green goods shifts the marginal abatement cost curve downward.
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Question

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The production and consumption of green goods can reduce the cost of abating pollution, as these goods are designed to have lower environmental impacts. As a result, the marginal abatement cost curve shifts downward, meaning that it becomes cheaper to achieve a given level of pollution reduction.

Production and Consumption of Green Goods Shifts the Marginal Abatement