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Explain why 100 per cent air cleanliness is not optimal.

Short Answer

Expert verified

The socially ideal degree of contamination or level of air tidiness happens where the marginal cost of contamination decrease is equivalent to the marginal cost of contamination reduction

Step by step solution

01

Introduction

The socially helpful degree of contamination or clear air is given where the marginal benefit is equivalent to the marginal cost. As it is difficult to live in a too messy climate, having a too spotless environment is likewise unrealistic. Contamination can never be headed to anything.

02

Explanation

A100 level of air neatness would infer a no level of contamination. In the event that we attempt to accomplish a 100% level of air neatness, this would imply that the cost of this decrease in contamination surpasses the benefit from this decrease. Hence, it isn't practical to have a 100%level of air tidiness. In addition, our normal framework has the ability to acclimatize some level of contamination. Subsequently, some level of contamination is dependably ideal.

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Most popular questions from this chapter

Describe how governments are trying to cap the use of pollution-generating resources

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

Suppose that initially, society experiences a degree of air cleanliness that is higher than Qo. What would be true of the marginal cost in relation to the marginal benefit, and why would this fact induce society to reduce the degree of air cleanliness towardQo?

Consider the diagram below and respond to the questions that follow.

a. Assume that a new technique for decreasing water pollution lowers the marginal cost of pollution reduction at every level of water cleanliness. Will the ideal % degree of water cleanliness rise or decline after this event? Will the cost of the final unit of water cleanup grow or decrease? Include a visual to help you explain your point.

b. Assume that the event described in item (a) occurs, and that medical studies show that the marginal benefit from reducing water pollution is higher at all levels of water purity. Will the ideal % degree of water cleanliness rise or decrease after both events? Can you predict whether the cost of the last unit of water cleanup will increase or decrease as compared to the initial optimum? To help you clarify your answers, create a new diagram.

The following table displays hypothetical annual total costs and total benefits of conserving wild tigers at several possible worldwide tiger population levels.


a. Calculate the marginal costs and benefits.

b. Given the data, what is the socially optimal world population of wild tigers?

c. Suppose that tiger farming is legalized and that this has the effect of reducing the marginal cost of tiger conservation by$15million for each 2000tiger population increment in the table. What is the new socially optimal population of wild tigers?

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