Multiple Choice
Which of the following criteria should be used to evaluate if government intervention in a market for the purpose of environmental protection is justified?
A) Does the intervention program reduce pollution to zero using the least costly method?
B) Is the intervention program economically efficient?
C) Does the intervention program make the amount of economic surplus as large as possible?
D) Is the damage to the environment from government intervention as small as possible?
Correct Answer:

Verified
Correct Answer:
Verified
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