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Category > Economics Posted 17 May 2017 My Price 8.00

pollution

 Firms that can only lower pollution at a high cost will have a high willingness to pay for pollution permits.

A) True

B) False

     

       The U.S. currently uses marketable permits to regulate automobile pollution.

A) True

B) False

 

 

Reductions in pollution from a specific starting level of existing pollution is called:

A) abatement.

B) the EPA.

C) command and control.

D) usage tax.

 

An external cost of production is:

A) a cost incurred by someone other than the producer.

B) the production cost borne by a producer.

C) the result of the sum of private and social cost.

D) another word for a tax.

 

. Which of the following is an example of an external cost?

A) a loud, crying baby in a public restaurant

B) emissions of methane into the atmosphere

C) a homeowner who likes to mow the lawn at 7 a.m. on Saturday morning

D) All of these

Answers

SuperTutor
(15)
Status NEW Posted 17 May 2017 01:05 AM My Price 8.00

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