Due to the Concept That Economist Call Asymmetric Information, Polluting

question 13

Multiple Choice

Due to the concept that economist call asymmetric information, polluting firms can mislead regulators regarding the costs of abatement.It is often in the interest of polluting firms to _________ the costs abatement so that the regulated target for emissions is _______ than the socially efficient level.

• A)understate; lower
• B)understate; higer
• C)overstate; lower
• D)overstate; higher

---

Definitions:

Contractile Vacuole

An organelle found in some protozoa, which expels excess liquid on contraction.

Euglenoids

A diverse group of unicellular protists, often with photosynthetic capabilities, belonging to the genus Euglena.

Excess Water Removal

The process by which organisms eliminate surplus water to maintain fluid balance, often involving specific organs like kidneys in humans.

Protists

A diverse group of eukaryotic microorganisms, which are neither plants, animals, nor fungi, and may be unicellular or multicellular.