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Yates, Andrew J. – Journal of Economic Education, 1998
Maintains that the equal marginal value principle may not be optimal in the analysis of the cost-effectiveness of policies to reduce auto emissions, the economics of garbage disposal, and the economics of pollution abatement. Argues that examining these exceptions can help students understand the equal marginal value principle. (MJP)
Descriptors: Accountability, Cost Effectiveness, Economic Factors, Economic Impact