Effective Strategies for Addressing the Problem of Negative Externalities Include

question 107

Multiple Choice

Effective strategies for addressing the problem of negative externalities include

• A)taxing the profit of polluting companies at twice the rate of non-polluting companies.
• B)imposing taxes on the activity that generates the pollution.
• C)stressing the use of renewable resources.
• D)imposing recycling laws.
• E)closing down a polluting industry.

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Definitions:

Sales Volume

Refers to the total number of units of a product or service sold by a company during a specific time period.

Prospects

Potential customers or clients who have been identified as fitting the target market and who may have an interest or need for a company’s product or service.

Technology

The application of scientific knowledge for practical purposes, especially in industry and the creation of tools, machines, and software to solve problems or improve existing solutions.

Avoid Duplicating

involves taking measures to prevent repetition or copying in processes, information, or products to ensure uniqueness and efficiency.