Rather Than Arguing Over Whether the Ultimate Goal Is Zero

question 7

Multiple Choice

Rather than arguing over whether the ultimate goal is zero pollution or a reasonable level of pollution, the immediate focus should be to tackle the environmental issues where the _______
And the _______.

• A) marginal benefits are least; marginal costs are greatest
• B) marginal benefits are greatest; marginal costs are least
• C) environmental benefits are greatest; social costs are least
• D) social costs are greatest; environmental benefits are least

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Definitions:

Family Business

A business owned and controlled by members of a family.

Succession Plan

A plan for how a firm’s leadership transition and related financial matters will be handled.

Ownership Transfer

The legal process of transferring the title of property, assets, or business from one entity or individual to another.

Firm's Leadership

The individuals at the top of an organization who are responsible for setting strategic directions, making major decisions, and inspiring employees towards achieving corporate goals.