Applying the concept of "clean enough" to clean water an economist means the

Question

Quizplus · Accepted Answer

The concept of "clean enough" means determining the level of cleanliness that provides the maximum benefit at the minimum cost. In the case of clean water, the optimal state of cleanliness is where the marginal cost of cleaning equals the marginal benefit of cleaning, which means that any additional cleaning beyond this point would not provide enough additional benefit to justify the cost. Therefore, the answer is C.

Applying the Concept of "Clean Enough" to Clean Water an Economist