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Explain how economists can conceptually determine the optimal quantity of pollution.

Short Answer

Expert verified

The lowest concentration of pollutants is whether it was prior civilization exacerbated it.

Step by step solution

01

Introduction

As optimum level of waste one might contaminate yet nonetheless retaining a diverse ecosystem is just the acceptable value of pollutants.

In thrive, they need contaminate. As either a conclusion, must likewise guarantee ensure the effective prices must not exceeding with us marginal gains.

02

Given Information

Contamination is advantageous toward wider society. The environmentally desirable concentration of pollutants will be zero if fiscal policies remained considered.

03

Explanation

This seems to be and there would be no cost to the taxpayer had there been no trash.

Usually molar value of particles is that if it is enhanced by preceding culture. Such ecology could gradually deteriorate here to stage which can no longer suffice.

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Most popular questions from this chapter

Examine the following marginal costs and marginal benefits associated with water cleanliness in a given locale:

a. What is the optimal degree of water cleanliness?

b. What is the optimal degree of water pollution?

c. Suppose that a company creates a food additive that offsets most of the harmful effects of drinking polluted water. As a result, the marginal benefit of water cleanliness declines by $40,000at each degree of water cleanliness at or less than 80 percent. What is the optimal degree of water cleanliness after this change?

Contrast the roles of private and common property rights in problems such as the fates of endangered species

One possible method for reducing emissions of greenhouse gases such as carbon dioxide is to inject the gases into deep saltwater-laden rock formations, where they would be trapped for thousands of years. Suppose that the federal government provides a fixed per-unit subsidy to firms that utilize this technology in West Virginia and other locales where such rock formations are known to exist.

a. Consider the effects of the government subsidy on the production and sale of equipment that injects greenhouse gases into underground rock formations. What happens to the market clearing price of such pollution abatement equipment?

b. Who pays to achieve the results discussed in part (a)?

The table below shows the estimated annual total costs and benefits of maintaining Asian elephant populations in their natural habitat.

Should policymakers impose additional costly anti-plastics pollution requirements if the marginal benefit of pollution abatement currently equals the marginal cost? Explain.

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