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Saturday, 11 April 2015

Costs for Meeting Environmental Standards


Week 1 - Discussion 2
Costs for Meeting Environmental Standards
Certain environmental laws prohibit the EPA from considering the costs of meeting various standards when the levels of the standards are set. Pollution control is an obvious example of where the EPA has certain standards for society. Compare and contrast two approaches to deal with the collection and evaluation of costs when evaluating the environmental standards. Which approach do you find to be the most suitable given the implications of preserving the environment?


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