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What Is Optimal Level Of Pollution?

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What is Optimal Level of Pollution?

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Title: What Is Optimal Level Of Pollution?
Length: 1 pages (320 Words)
Style: APA

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What is Optimal Level of Pollution?

A situation where the marginal damage cost of pollution is equal to that of the marginal benefits of pollution is referred to as optimal level of pollution. Optimal levels of cleanliness correspond to optimal level of pollution. When the marginal benefit of reducing pollution being greater than the marginal cost of pollution reduction means that the society benefits from reduction of pollution. The benefits are equal to the amount by which the marginal benefit of the cleanup exceeds the marginal cost of the cleanup (Halkos & Kitsos, 2005).

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