Question

One of the reasons why firms pollute air and water is that a. air and water...

One of the reasons why firms pollute air and water is that
a.
air and water are often not priced.
b.
managers desire to pollute.
c.
air and water have no value to society.
d.
managers are profit maximizers.


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Answer #1

Option D

  • Most of the firms and other organisations are profit maximizers and only aim at earning higher profits.
  • These firms thus ignore the negative externalities that might arise from polluting air and water and pollute them maximum for their own benefits.
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