suppose a factory adjacent to a public park emits pollution, damaging the quality of the air in the park. suppose by surveying park visitors it was estimated they would be willing to an aggregate of $2000 per year to have fresher air. suppose also that special smokestack scrubbers are available which would eliminate the pollution, but using them would decrease the economic profit of the factory by $1000 per year. if the court decides the park visitors have the right to clean air, which of the following would be a viable and efficient solution? the park visitors contribute to a fund which will pay for the factory smokestack scrubbers. the factory pays for a park enhancement which is worth $2500 per year to the visitors. the factory continues to operate without the scrubbers and the park visitors just tolerate the poor air quality. the factory pays for and implements the smokestack scrubbers.
