The Main Advantage of Using Market- Based Schemes for Reducing

question 10

Multiple Choice

The main advantage of using market- based schemes for reducing pollution is that they

• A)improve the moral fibre of producers and consumers.
• B)lead to a more efficient use of scarce resources.
• C)lead to greater fairness in the distribution of resources.
• D)maximize the difference between marginal cost and marginal benefit.
• E)minimize the difference between total cost and total benefit.

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Definitions:

Psychoanalytic Theory

A framework for understanding human psychology that emphasizes unconscious conflicts and past experiences as determinants of behavior.

Defense Mechanisms

Unconscious psychological strategies employed to protect oneself from anxiety and to manage emotional conflict and internal or external stressors.

Anxiety

A mood of unease or nervousness, often due to something happening soon or because the consequence is unknown.

Freud

Sigmund Freud, recognized for his theories on the unconscious mind and the development of psychoanalytic therapy.