Virginia is interested in improving the quality of its lake

Virginia, is interested in improving the quality of its lake by decreasing Amount of Cleanup Total Cost the level of water pollution. (Note that Springville is already meeting required environmental regulations.) The level of a chemical pollutant in a lake is measured in parts per million (ppm). The lake currently has a pollution level for this chemical of 100 parts per million. The table to the right shows the costs associated with cleaning the lake. 10 ppm cleaner 20 ppm cleaner 30 ppm cleaner 40 ppm cleaner $192,000 $395,000 $650,000 $1,020,000 2.3. A likely reason for the trend of the matginal cost of cleanup iss dollars, used for environmental projects, are limited and become more scarce as new projects are 0 A. Taxpayer O B. Scarce funds must be allocated to the projects that generate the greatest marginal benefits O D. New technologies and costlier processes are required as it gets harder and harder to remove contamination proposed. C. Environmental regulation becomes less and less complex as more and more cleanup is achieved from the water

Solution

Answer is D. In reality it becomes harder and harder to remove containments from water and more cleanup needs more advanced and costly technology