Economists Are Most Likely to Suggest That Societies Address the Inefficiencies

question 48

Multiple Choice

Economists are most likely to suggest that societies address the inefficiencies created by negative externalities by:

• A) direct regulation.
• B) voluntary conservation.
• C) making the price people pay reflect the cost of the externality.
• D) leaving environmental problems alone so that the market can deal effectively with them.

---

Definitions:

Pretest

An initial test administered before the start of instruction or intervention to establish a baseline level of knowledge or skills.

Survey Format

The layout and structure of a questionnaire, including question types and the order they are presented.

Research Question

A clear, focused, concise, and arguable question around which research is centered, guiding the study's aims and objectives.

Skip Patterns

Instructions in surveys or questionnaires that direct respondents to different questions based on their responses.