If a Good's Production Process Results in Pollution and the Government

question 180

Multiple Choice

If a good's production process results in pollution and the government taxes producers to pay for cleanup costs, then

• A)consumers will purchase more of the good.
• B)the price of the good will decrease.
• C)supply will decrease.
• D)more resources will be devoted to the product.
• E)the quantity of the good produced will increase.

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Definitions:

Modeling

A method used in psychology to learn by observing and imitating others' behaviors, attitudes, or emotional expressions.

Classical Conditioning

A learning process that occurs when two stimuli are repeatedly paired together; an unconditioned stimulus and a conditioned stimulus.

Fear Response

The physiological and psychological reaction to perceived threats, activating the body's fight or flight response.

Conditioned Stimulus

A stimulus that initially has no effect but, after being paired with an unconditioned stimulus, eventually elicits a conditioned response.