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Other Fields Homework Help Economics Topic started by: hellothere2 on Aug 23, 2018



Title: Explain how the optimal quantity of air pollution is determined.
Post by: hellothere2 on Aug 23, 2018
Explain how the optimal quantity of air pollution is determined.


Title: Explain how the optimal quantity of air pollution is determined.
Post by: anonymous661 on Aug 23, 2018
 As the air becomes cleaner, the marginal benefit of air cleanliness diminishes, reflecting the fact that the more clean air we breathe, the less we value an additional unit of cleanliness. The marginal cost of air cleanliness increases as air becomes cleaner, however, reflecting the fact that attaining each additional unit of air cleanliness requires incurring higher additional costs. The optimal amount of air cleanliness (or the optimal amount of pollution) arises at the point at which the marginal benefit of clean air equals the marginal cost.


Title: Explain how the optimal quantity of air pollution is determined.
Post by: hellothere2 on Aug 23, 2018
My teacher is very rude and likes to speed his way through a lesson without letting the class ask questions. Thank you for helping me. You're a life saver :)