Pollution damages the environment we live in. An economist would advise that we reduce air pollution:
A)as long as the marginal benefit from air pollution reduction outweighs the marginal cost of achieving the reduction.
B)until the total benefit from air pollution reduction just equals the total cost of pollution reduction.
C)until air pollution levels reach near-zero levels.
D)to the levels experienced in the 1950s when air was much cleaner near big cities.

Question

Pollution damages the environment we live in. An economist would advise that we reduce air pollution:
A)​as long as the marginal benefit from air pollution reduction outweighs the marginal cost of achieving the reduction.
B)​until the total benefit from air pollution reduction just equals the total cost of pollution reduction.
C)​until air pollution levels reach near-zero levels.
D)​to the levels experienced in the 1950s when air was much cleaner near big cities.

Quizplus · Accepted Answer

An economist would advise reducing air pollution as long as the marginal benefit (such as improved health and reduced environmental damage) exceeds the marginal cost (the cost of implementing pollution-reducing measures). This ensures that the reduction in pollution is economically efficient and beneficial overall.

Pollution Damages the Environment We Live In