Which of the Following Statements Is True

question 19

Multiple Choice

Which of the following statements is true?

• A)Evidence shows that measures to keep the environment clean represent a large percentage of the total costs of production for a firm in a country with strict environmental laws.
• B)There are significant incentives for firms to relocate from countries with strict environmental laws to countries with lax environmental regulation.
• C)Firms are unlikely to relocate their high-pollution production to countries with lax environmental laws because they fear that such moves will result in adverse effects on their reputations.
• D)Imposition of a tax on the production of a particular high-pollution product typically has a greater impact on consumer surplus than on producer surplus.

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Definitions:

Process B

A specific sequence of steps or operations in a series of processes, distinguished by its unique characteristics or outcomes.

Advertising System

The combination of mediums and channels utilized to communicate promotional messages to the target audience, aiming to influence consumer behavior.

Twitter©

A social media platform that allows users to post short messages, known as tweets, to share thoughts, news, or information with followers.

Good Conditions

A term indicating that an item, machinery, or infrastructure is in a state of readiness and operability, capable of performing its designed functions without failure.