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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
(External Costs with Variable Technology) Think of an industry that pollutes the water and has access to variable technology for reducing that water pollution. Graphically illustrate and explain the impact of each of the following, other things constant, on the optimal level of water quality:
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a. New evidence is discovered of a greater risk of cancer from water pollution.
b. The cost of pollution control equipment increases.
c. A technological improvement reduces the cost of pollution control.
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