One Alternative to Command and Control Techniques That Economists Recommend

question 137

Multiple Choice

One alternative to command and control techniques that economists recommend to reduce pollution or the inefficiencies of other externalities is

• A)taxes and subsidies.
• B)cease-and-desist orders.
• C)fines for polluting over a certain amount.
• D)user fees.
• E)the placement of restrictions or regulations on individuals or firms.

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Definitions:

Days' In Assets Ratio

The Days' In Assets Ratio measures the average number of days it takes for a company to turn its inventory into sales, reflecting inventory management efficiency.

Current Asset Turnover

A financial ratio that measures how effectively a company uses its short-term assets to generate revenue.

Intangible Asset

An asset that lacks physical substance but is identifiable and provides economic benefits to the owner, such as patents or trademarks.

Accumulated Depletion

The total amount of natural resource extraction that has been charged as an expense against a company's earnings.