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Explain briefly why a total elimination of environmental pollution (say air pollution or water pollution) would be ideal, but economically not optimal. Use a MD
Explain briefly why a total elimination of environmental pollution (say air pollution or water pollution) would be ideal, but economically not optimal. Use a MD and MAC graphs and hypothetical numbers.
References
Barry Field and Martha Field (2024), Environmental Economics, 9th Edition, McGraw-Hill.
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