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If water quality law prevents the achievement of the efficiency criterion that law must be repealed. a second-best economic solution is to identify cost-effective policy
If water quality law prevents the achievement of the efficiency criterion that law must be repealed. a "second-best" economic solution is to identify cost-effective policy initiatives. cost-effectiveness is also prevented. polluting sources should abate up to the point where total social benefits are maximized
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
