When researchers use the damage function method, they
A) model the relationship between the cost of the policy and the associated reduction in environmental damages
B) can directly measure the reduction in environmental damage in monetary units
C) measure the link between a policy-induced decrease in contamination and the associated reduction in environmental damage
D) can measure all aspects of incremental benefits at once

Question

Quizplus · Accepted Answer

The damage function method measures the link between a policy-induced decrease in contamination and the associated reduction in environmental damage, focusing on the relationship between changes in environmental quality and their impacts.

When Researchers Use the Damage Function Method, They