If Burning Coal Creates a Pollution Externality, the Government May

question 55

Multiple Choice

If burning coal creates a pollution externality, the government may impose a

• A)user fee on the polluter's marginal external benefit.
• B)cost-benefit analysis on the polluter.
• C)subsidy on coal.
• D)tax on coal.
• E)pollution right.

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Definitions:

Process Control

The practice of monitoring and controlling a manufacturing process to ensure that it operates at its desired performance criteria, using feedback and control mechanisms.

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.

Process Chart

Graphic representation that depicts a sequence of steps for a process.

Time Axis

The graphical representation of time in charts or graphs, often serving as the horizontal axis to plot time-dependent data.