The Motivation for Private Solutions to Externalities Is That

question 22

Multiple Choice

The motivation for private solutions to externalities is that

• A) resources are misallocated and thus economic surplus can be increased.
• B) individuals are more concerned about pollution now.
• C) of profit maximization.
• D) of utility maximization.
• E) individuals mistrust governmental solutions.

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Definitions:

Do Not Track

A preference that users can set in their web browsers to inform websites they do not want their activities tracked for advertising purposes.

Internet Browsers

Software applications used to access, retrieve, and view information on the World Wide Web, including websites, videos, and images.

Unfair Practice

Deceptive, fraudulent, or unethical conduct by a business that misleads consumers or prevents competitors from playing on a level playing field.

Section 5

Without specific context, this could refer to various laws or regulations, depending on the jurisdiction; it generally denotes a particular section of a legal statute.