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.

---

Definitions:

Objectives

Specific, measurable goals that an individual or organization aims to achieve.

Mission Statement

A short statement that defines the purpose, goals, and values of an organization or individual.

Business Plan

A detailed document outlining the strategy, objectives, and financial projections for a business's future operations.

Topical Organization

Organization of content based on comparison, significance, order, time sequence, spatial arrangement, geographical location, or classification.