[Solved] Which of the following statements is not correct? A)Patents help internalize the externalities associated with technological advances. B)Economists typically prefer regulations to corrective taxes because regulations provide more incentives for firms to seek continued reductions in pollution. C)Allowing firms to trade pollution permits will lower the total cost of reducing pollution. D)A big impediment to implementing the Coase theorem in many cases is high transactions costs. New-Product Development Process: The series of steps from idea generation and screening to commercialization, used by companies to launch new products. New-product: Products that have been recently developed and introduced to the market, offering new benefits or improvements over existing offerings. Marketing Reasons: The underlying motives or justifications for implementing particular marketing strategies or actions to achieve business objectives. Autoerotic Asphyxia: A form of sexual masochism linking strangulation with masturbation.