The concept of "clean enough" to an economist means the
A) perfect state of cleanliness.
B) state of cleanliness where the average cost of cleaning more equals the average benefit of cleaning more.
C) state of cleanliness where the marginal cost of cleaning equals the marginal benefit of cleaning.
D) state of cleanliness where the total cost of cleaning equals the total benefit of cleaning.
Correct Answer:
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Q5: The act of weighing the long run
Q6: Q7: Pollution is an example of a Q8: Economists assume that late in the process Q9: Iron ore would be considered a Q11: The fish in the ocean would be Q12: Economists assume that early in the process Q13: Crude oil would be considered a Q15: A person using a high discount rate Q18: The optimal resource use for a limited![]()
A)negative externality.
B)positive
A)limited natural
A)limited natural
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