Estimated abatement expenditures


Of the 2 approaches (below) to cost estimation, which in your view likely produces the most reliable estimates? Explain

The engineering approach to cost estimation is based on the least cost available technology needed to achieve a given level of abatement.

The survey approach to cost estimation relies on estimated abatement expenditures obtained directly from polluting sources.

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Microeconomics: Estimated abatement expenditures
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