Which of the Following Is a Sanction Imposed on States

question 67

Multiple Choice

Which of the following is a sanction imposed on states that don't implement approved plans for reduction in air pollution?

• A)increase in tax for personal property
• B)reduction in public school funding
• C)loss of federal highway funds
• D)implementation of monthly fines based on pollution levels

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Definitions:

Marginal Cost

The increase in total cost that arises from an extra unit of production.

Total Revenues

Total Revenues refer to the total receipts from sales of goods or services by a company before any expenses are subtracted.

Fixed Costs

These stay the same no matter how much output changes.

Marginal Cost

The additional cost incurred in the production of one more unit of a good or service.