Business, 11.02.2020 04:31 cocoabean1981

Applying the concept of opportunity cost to the pollution of a lake, an economist probably would conclude that: pollution should be eliminated as long as the opportunity cost of a cleanup exceeds the cost of the resources required for the cleanup. all pollution in the lake should be eliminated regardless of cost. pollution should be eliminated as long as the benefit from a cleanup exceeds the opportunity cost. no pollution in the lake should be eliminated regardless of benefit.

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Applying the concept of opportunity cost to the pollution of a lake, an economist probably would con...

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