A Pigouvian Approach to Minimizing Minor 'Sin' Might Be

question 25

Multiple Choice

A Pigouvian approach to minimizing minor 'sin' might be

• A)placing an excise tax on cigarettes.
• B)charging gamblers a negative externality when they enter a casino.
• C)allowing abortion clinics to use public hospitals.
• D)considering all behaviors to be morally reprehensible.

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Definitions:

Ownership

The legal right or interest that an individual or entity has in an asset or property.

Corporate Form of Organization

A legal structure for a business recognized as a separate legal entity from its owners, providing limited liability protection, and able to raise capital through issuing shares.

Limited Liability

A legal structure that limits the amount of financial risk and liability to the amount a person has invested in a company.