Problem
Improving the quality of drinking water in developing economies is one of the most beneficial investments that can be made. However, controlling discharges that reduce water quality is costly. Use marginal social cost and marginal social benefits lines to illustrate the optimal level of water quality in any particular area. Then illustrate the effect on the optimal level of water quality of a technological improvement that reduces control costs.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.