Illustrate would landowner have an incentive to control

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Reference no: EM1361805

Your question: "Farmers (landowners) are good stewards of the soil. The only thing EPA needs to be concerned about is the off-site costs of soil erosion which do not enter the farmers" decision calculus."

A. Do farmers (landowners) have an incentive to maintain the productivity of their land over time? Why?

B. Would a farmer (landowner) ever have an economic incentive to let her soil erode away and not protect future productivity? When? Why?

C. If the farmer rented her land from a landowner,would she have the same incentives to control soil erosion? Would the landowner have an incentive to control erosion?

Reference no: EM1361805

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