According to Your Textbook,what Is One Effective Way to Encourage

question 73

Multiple Choice

According to your textbook,what is one effective way to encourage industries to reduce their negative impact on the environment?

• A) Force them to develop cleaner alternate technologies.
• B) Require them to pay for the cost of cleaning up their toxic waste.
• C) Make them pay heavy fines for pollution.
• D) Ask them to voluntarily stop producing so much pollution.

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Definitions:

Normal Rates

The usual or average rates for something within a particular context, such as interest rates or growth rates.

Above Normal

Refers to performance, conditions, or results that exceed the usual or expected standard.

Prices

The monetary values assigned to goods, services, and assets in an economy, influencing demand, supply, and consumption.

Normal Profit

The minimum level of profit needed for a company to remain competitive in the market, essentially covering its opportunity costs.