Question

The additional cost imposed on society as a whole by an additional unit of pollution is known as:

Answer 1

The additional cost imposed on society as a whole by an additional unit of pollution is known as:

• The marginal social cost of pollution

The marginal social cost of pollution represents the additional cost imposed on society as a whole by the additional unit of pollution emitted to the environment by the producers who may be either individuals or firms. Examples of harmful products produced to the environment include poisonous gases polluting air leading to chest and lung diseases, solid waste into the rivers and the compound leading to the emergence of various disease among others.

Answer 2

Answer:

The marginal social cost of pollution.

The additional cost imposed on society as a whole by an additional unit of pollution is known as : The marginal social cost of pollution.

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