What is the significancee of the opportunity cost

Reference no: EM13224508

Explain: "without a market for pollution rights, dumping pollutants into the air or water is cost less; in the presence of the right to buy and sell pollution rights, dumping pollutants creates an opportunity cost for the polluter." What is the significancee of this opportunity cost to the search for better technology to reduce pollution?

Reference no: EM13224508

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