Question: In what ways does neoclassical theory provide a useful framework for analyzing environmental issues? What are some of its limitations?

In what ways does neoclassical theory provide a useful framework for analyzing environmental issues?

What are some of its limitations?

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Neoclassical theory a major branch of mainstream economics provides a useful framework for analyzing environmental issues in several ways Its fundamental belief is that markets if left undisturbed hav... View full answer

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