How complicate the job of estimating the total social costs


Problem

Most industries are composed of firms that, though perhaps producing roughly the same thing, are very different; some are large and some small; some are profitable and others not; some are located in one part of the country and some in others; some perhaps have undertaken a certain amount of voluntary emissions reductions and some have not; and so on. How does this complicate the job of estimating the total social costs of pollution-control regulations?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How complicate the job of estimating the total social costs
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