Pollution arises because
A)the atmosphere is a nonrenewable resource
B)the atmosphere is a renewable resource
C)of enforceable property rights
D)the atmosphere is an open-access resource
E)there is no supply of pollution curve

Question

Quizplus · Accepted Answer

Pollution arises because the atmosphere is an open-access resource, meaning that it is not owned by anyone and there are no enforceable property rights. This leads to a tragedy of the commons, where individuals and firms have no incentive to limit their pollution because they do not bear the full costs of their actions.

Pollution Arises Because