Ask your own question, for FREE!
OCW Scholar - Principles of Microeconomics 8 Online
OpenStudy (anonymous):

is pollution a scarce good

OpenStudy (anonymous):

yes ...... we know that when demand of a good excedes its availability then that good becomes scares,so let in any case we want pollution{eg. in wars.. we may spread pollutants to affect the enimies] but let its availability is low as compared to it requirement than in such a case pollution becomes scarce good.But in general term pollution is not scarce as we never demand it but in economic's language it can be scarce as we do not care for morals and ethics in economics

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!