Environmental quality?

Question

Do you think that expenditures on environmental quality will result in diminishing marginal returns? Why or why not? Explain.

Answer 1

if you mean will spending money on the environment will mean products we create will cost more per unit, or will not be as good, then yes, this is possibly the case.

a lot of the things we are making right now have a byproduct that is harmful to the environment, we throw all this byproduct into some landfill. if we want to not throw it there, then we need to create a different product that may be weaker, or spend more money to make that byproduct into something that is safe for our earth.

overall, ensuring environmental quality will take some sacrifice, and hopefully we have enough people in this world who are willing to sacrifice petty things for a healthier earth.