Demand: (Question 15; 5 points) Explain why a demand curve can be considered a marginal benefits curve and why a supply curve is equivalent to a marginal cost curve. Use a specific environmental problem (your choice) to motivate your answer.
Demand: (Question 15; 5 points) Explain why a demand curve can be considered a marginal benefits curve and why a supply curve is equivalent to a marginal cost curve. Use a specific environmental problem (your choice) to motivate your answer.