--%>

Should third World limit pollution

‘In developing countries there are some controls on aspects of pollution like exhaust fumes. How would you evaluate whether these countries, from their point of view, must invoke legislation to enhance the atmosphere in these respects?’

E

Expert

Verified

It relates welfare economics to this significant question which frequently gains media attention. This considers the opportunity cost of these controls.

   Related Questions in Microeconomics

  • Q : Making investment possible in an

    The group which ultimately makes investment in an economy possible is: (1) business firms. (2) households which consume less than their disposable incomes. (3) banks. (4) savings and loan associations. (5) financial tycoons.

    Q : Short run operation and long run

    When Presidio, Hybrid Roses and Texas boomed learned which its rent and utilities had soared upward by $9 per hour hence a new five-year lease would now cost $60 per hour, therefore this monopolist will: (w) continue to realize positive economic profi

  • Q : Positive economic analysis and normative

    Which of the given two statements involves positive economic analysis and which normative? How do the two type of analysis differ?a. Gasoline rationing (allocating to each year to each individual an annual maximum amount of gasoline whi

  • Q : Problem of tax on a good I have a

    I have a problem in economics on Problem of tax on a good. Please help me in the following question. The tax on a good tends to form: (1) A wedge between the price buyers pay and the price sellers collect. (2) Rises in supply from the perspectives of buyers. (3) More

  • Q : Problem-market supply of labor Can

    Can someone please help me in finding out the accurate answer from the following question? The marginal resource cost for monopsonist in the labor market which can’t wage discriminate: (p) Is perfectly elastic. (q) Is perfectly inelastic. (r) Lies above the mark

  • Q : Define Indirect taxes Indirect taxes :

    Indirect taxes: Whenever the liability to pay tax is on one person and the burden of that tax falls on another person, it is termed as indirect tax. Illustrations are: sales tax, excise duty, VAT, tax on services and so on.

  • Q : Competitive equilibrium in competitive

    I have a problem in economics on Competitive equilibrium in competitive labor markets. Please help me in the following question. The Competitive equilibrium in competitive labor markets need: (1) P = MR = AVC. (2) VMP - P is maximized. (3) MPP = P. (4

  • Q : Features of Indifference Curve Describe

    Describe the features of Indifference Curve? Answer: A) Indifference curves slopes downward from left to right.B) Indifference curves are Convex to origin. C) Two Indifference curve not at all intersect

  • Q : Founder of Utilitarianism I have a

    I have a problem in economics on Founder of Utilitarianism. Please help me in the following question. The utilitarianism founder in England was: (i) Rupert Brooke. (ii) Jeremy Bentham. (iii) Thomas Dewey. (iv) John Stuart Mill. (v) Adam Smith.

    Q : Gross Domestic Product of Norway What

    What do you mean by Gross Domestic Product of Norway?