Incentives Are Used to Punish Actions That Increase Hazard Vulnerability

question 19

True/False

Incentives are used to punish actions that increase hazard vulnerability.

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Definitions:

Cable Television

A system of delivering television programming to paying subscribers via radio frequency signals transmitted through coaxial cables or digital light pulses through fiber-optic cables.

Per Capita Income

A measure of the average income earned per person in a certain area, such as a country or city, calculated by dividing the area's total income by its population.

World Price

The international market price at which goods are traded between countries.

Marginal Revenue

The additional income earned from selling one more unit of a good or service.