Question

. Use a production possibilities frontier to illustrate society’s tradeoff between a clean environment and high incomes. What do you suppose determines the shape and position of the frontier? Show what happens to the frontier if engineers develop an automobile engine with almost no emissions.

Answer 1

Answer:

A tradeoff exists between a clean environment and higher level of income in that : A/ stustudies show that individuals with higher levels of income pollute less than low-income individuals. B/efforts to reduce pollution typically are not completely successful.