Levels Tought:
Elementary,Middle School,High School,College,University,PHD
Teaching Since: | Apr 2017 |
Last Sign in: | 236 Weeks Ago, 6 Days Ago |
Questions Answered: | 12843 |
Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
  The social cost of production is the sum of the private cost and external cost.
A) True
B) False
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       A pollution tax lowers the price of the good or service produced by the polluting firm in a competitive market.
A) True
B) False
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       In essence, a pollution tax places a price on the right to pollute.
A) True
B) False
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       Under a traditional pollution regulation, the government tells each firm how much pollution to abate and what abatement techniques to implement.
A) True
B) False
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       Under a command-and-control policy, there is no incentive to develop better abatement techniques.
A) True
B) False
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       Another name for marketable pollution permits is a cap-and-trade system.
A) True
B) False
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       Firms that can reduce pollution at a low cost will be willing to sell their pollution permits.
A) True
B) False
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