All of the Following Are Choices for the Polluter When

question 266

Multiple Choice

All of the following are choices for the polluter when faced with additional costs to abate the externality EXCEPT

• A) ignore the government regulations.
• B) install pollution abatement equipment.
• C) reduce the pollution-causing activity.
• D) pay the price to pollute.

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Definitions:

Relative Deprivation

The feeling of dissatisfaction or injustice that arises from comparing one's situation unfavorably to others or to one's expectations.

Happiness

A state of well-being and contentment characterized by emotions ranging from contentment to intense joy.

Psychology Test

A standardized instrument or systematic procedure designed to measure a specific aspect of behavior or to assess personality, intelligence, or other psychological variables.

Adaptation-Level Phenomenon

The tendency of humans to judge various stimuli and experiences relative to their past experiences, leading to a baseline level of satisfaction.