Asked by Tatiana Magno on May 14, 2024
Verified
Antipollution policies can be severe in their design and implementation, resulting in
A) the social costs of pollution reduction becoming greater than the benefits.
B) the social benefits of pollution reduction becoming zero.
C) too few resources being devoted toward reducing pollution.
D) the social costs of pollution reduction becoming less than the benefits.
Antipollution Policies
Regulations and strategies implemented by governments or organizations to reduce or prevent pollution and protect the environment.
Social Costs
The total cost to society, including both private costs incurred by producers and also any costs inflicted on third parties, such as pollution.
Pollution Reduction
The process of decreasing the quantity of pollutants released into the environment, typically involving strategies and technologies to clean air, water, and soil.
- Develop an understanding of the consequences of externalities on economic dealings and the comparison between social benefit and social cost.
Verified Answer
LD
Lavonne Dozie- NnamahMay 21, 2024
Final Answer :
A
Explanation :
When antipollution policies are too severe, they can lead to a situation where the costs associated with reducing pollution (such as economic disruptions, job losses, and high compliance costs for businesses) outweigh the benefits of having a cleaner environment. This does not mean the benefits become zero or that too few resources are devoted to pollution reduction; rather, it suggests a misbalance where the negative impacts on society (social costs) surpass the positive environmental outcomes (benefits).
Learning Objectives
- Develop an understanding of the consequences of externalities on economic dealings and the comparison between social benefit and social cost.