9. Some people object to market-based policies to reduce pollution, claiming that they place a monetary value

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9. Some people object to market-based policies to reduce pollution, claiming that they place a monetary value on cleaning our air and water. Economists reply that society implicitly places a monetary value on environmental cleanup even under command-and-control policies. Discuss why this is true.

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Business Economics

ISBN: 388402

2nd Edition

Authors: Mark P. Taylor, Andrew Ashwin, N. Gregory Mankiw

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