One Criterion for Evaluating Environmental Policies Is Whether or Not

question 4

Multiple Choice

One criterion for evaluating environmental policies is whether or not they generate ________ for individuals, firms and industries to engage in ________.

• A) disincentives; expansion activities
• B) incentives; expansion activities
• C) disincentives; abatement activities
• D) incentives; R&D activities

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Definitions:

Consignment

An arrangement where goods are left with a third party to sell, but ownership remains with the supplier until the goods are sold.

Consignee

The retailer in a consigned inventory arrangement.

Retailer

A business entity that sells goods or services directly to consumers through various distribution channels to earn a profit.

Current Replacement Cost

The amount of money it would cost to replace an asset at the present time, considering its current condition.