In General,the Economist's View on Allocating Resources to Reduce Pollution

Multiple Choice

In general,the economist's view on allocating resources to reduce pollution is that

A) all forms of water and air pollution should be eliminated.
B) government policies to reduce pollution have zero opportunity cost.
C) the reduction of pollution should proceed up to the point where the marginal cost of pollution reduction equals the marginal benefit to society.
D) the extent of pollution reduction should be based only on a comparison of total costs and total benefits to the environment.
E) it is not allocatively efficient to reduce pollution.