Voluntary Agreements About Cleaning Up Pollution Attempt to

question 12

Multiple Choice

Voluntary agreements about cleaning up pollution attempt to

• A) internalize externalities.
• B) internalize private costs.
• C) externalize social costs.
• D) externalize private costs.

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Definitions:

LP Records

Long-playing vinyl records, a format for sound recording and playback that gained popularity in the mid-20th century.

Phonograph

An early sound-reproducing machine that used cylinders or discs to record and reproduce sound mechanically.

Liberal Judges

Judges who are generally open to reform and are often associated with advocating for civil liberties and rights.

Conservative Judges

Judges who tend to adhere to traditional values and principles in making legal decisions, often favoring judicial restraint over activism.